04222, Durham, ME

The 4222 zip code of Durham, ME is located in the eastern part of the state and includes a mix of rural and suburban areas. According to the 2010 census, the median household income in this zip code is $59,000. The average home value in this zip code is $183,000, which is significantly higher than the statewide median home value of $146,500. In addition, the 4222 zip code has a lower than average unemployment rate of 3.5%, which indicates that there are many jobs available in this area.

One reason why homes in the 4222 zip code are so expensive is that there are relatively few homes for sale compared to other parts of Maine. In addition, many homeowners in this area have been able to refinance their mortgages at high rates over the past few years due to low interest rates. As a result, homeownership rates in this area are high and there is little competition for homes on the market.

Despite these factors, it's important to keep in mind that prices can fluctuate rapidly based on a number of factors including interest rates, availability of inventory, and changes in local economic conditions. Therefore it's always important to consult with a real estate agent if you're interested in buying or selling a home in this area.