The story of this market
The typical home in ZIP 04444 sells for about $361,000, or $185 per square foot.
Prices are up +1.2% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,238 a month.
ZIP 04444 — Hampden
The 04444 housing market shows signs of stability with modest price appreciation and consistent demand from local buyers. While inventory remains tight, the market is balanced by steady interest from families and commuters, though investors face challenges with narrow margins. Overall, the area remains a reliable, albeit slow-growth, residential market.
This ZIP is well-suited for families and local commuters seeking a suburban lifestyle with proximity to Bangor, though investors should be cautious of the narrow cap rate margins.
Median prices moved up 1.2% year over year.
Homes spend a median of 62 days on market with 4.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 8.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 04444, Penobscot County ME
Crime rates in Hampden remain relatively low compared to the broader Penobscot County and Maine state averages, with property crime being the primary concern.
Schools serving the 04444 area are generally well-regarded, with local institutions maintaining consistent performance metrics within the RSU 22 district.
The area faces moderate risks related to winter weather and seasonal flooding near the Penobscot River, with standard insurance coverage typically sufficient.
Economic momentum is driven by proximity to Bangor's employment hub, with steady residential development and limited commercial expansion in the immediate ZIP.
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.
Commuters primarily utilize US Route 1A and I-95 for access to the Bangor employment core, with average commute times typically under 20 minutes.
The area features access to the Penobscot River for boating and fishing, alongside local parks like the Hampden Highlands Park and various community trail systems.
The rental market is characterized by stable demand but limited inventory, with rent growth tracking closely with regional inflation and low vacancy pressure.
The economy is anchored by the nearby Bangor metropolitan area, with significant employment in healthcare, education, and retail sectors.
Transportation is heavily reliant on private vehicles, with I-95 serving as the primary artery for regional connectivity.
Development is largely focused on infill residential projects and maintaining existing municipal infrastructure.
The Penobscot County assessment regime relies on periodic municipal revaluations to ensure property tax equity.
Parcels are subject to RSU 22 school district taxes and standard municipal utility assessments.
Property insurance premiums are stable, reflecting the area's low-to-moderate risk profile for natural disasters.
Maine has experienced modest net domestic migration gains, primarily driven by remote workers and retirees.
Maine is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a property disclosure statement covering known material defects.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Community park offering recreational fields and walking paths.
Major regional waterway providing fishing and boating access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.