Zip Code:

04694, Baileyville, ME

04694 is a Maine Zip code within the city of Baileyville and the county of Washington. Its population is roughly 2,226.

The Real Estate Market in Baileyville, Maine

Baileyville is a small town in Aroostook County, Maine. The population was 1,812 at the 2010 census. Baileyville is located on U.S. Route 2 and the Canadian border, about halfway between Caribou and Presque Isle.

The 4694 zip code covers most of Baileyville and includes all of the town's residential areas as well as some commercial establishments. Home prices in this zip code have increased significantly over the past few years, reaching levels that are considerably higher than those found in other parts of Maine. In fact, according to Zillow data, the median home value in this zip code was $269,000 as of September 2017 – more than double the median home value for all of Aroostook County ($122,500). This dramatic increase has been driven largely by demand from buyers who are looking for affordable housing close to major metropolitan areas such as Boston and Portland.

Despite these high prices, there are still many homes available for sale in Baileyville – both new construction and pre-owned properties – which suggests that there is still room for growth in this market sector. In addition, although home equity values have risen rapidly over the past few years, they are still relatively low when compared to other types of investments such as stocks or bonds. Therefore, homeowners who are able to secure good mortgages should be able to enjoy healthy returns on their investments over time

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