04240, Lewiston, ME

Lewiston, Maine is located in the 4240 zip code. According to the 2010 census, Lewiston had a population of 27,898. The median household income was $41,527 and the median family income was $51,914. The 4240 zip code has a home equity value of $128,100 and a home price of $169,900.

The Lewiston housing market is considered to be stable with low rates of inflation and unemployment rates that are below the national average. This stability has allowed for home prices to increase over time as more people have sought to purchase homes in this area. In addition, there is strong demand for housing due to its proximity to major cities such as Boston and Portland as well as its access to beaches and other recreational activities.

There are several factors that have contributed to the growth of the Lewiston housing market including:

-Low interest rates: Low interest rates make it easier for people to afford homes while also providing stability in the market which encourages buyers to invest in property.

-Proximity to major cities: Lewiston is located close enough to major cities that residents can easily commute into work or take advantage of various amenities offered by those cities.

-Recreational opportunities: Lewiston is situated near numerous recreational areas which contributes positively towards home values. These areas include beaches and ski resorts which attract tourists from around the country and world.