The story of this market
The typical home in ZIP 04423 sells for about $367,906, or $226 per square foot.
Prices are down 2.4% from a year ago, which gives buyers more room to negotiate. Homes take about 57 days to sell. HUD's fair market rent for a two-bedroom is $1,500 a month.
ZIP 04423
The housing market in the Corinna area reflects broader regional trends of cooling price growth and expanding inventory. Local data is limited, with most metrics derived from broader Maine and national market reports. Current conditions suggest a stable but cautious environment for buyers and sellers.
Median prices moved down 2.4% year over year.
Homes spend a median of 57 days on market with 9.6 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 16.2% — a stable, low-distress profile.
ZCTA 04423, Penobscot County, Maine
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Maine) — Maine Resident Homestead Property Tax Exemption: Provides a reduction in the valuation of the homestead for property tax purposes. The exemption amount is set by state statute (currently $25,000 of the just value of the property). The formula is: (Just Value - Homestead Exemption) * Local Tax Rate = Tax Due.
Data retrieved from US Census Bureau and World Population Review.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.