The story of this market
The typical home in ZIP 04945 sells for about $143,100, or $115 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 180 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $800 a month.
ZIP 04945 — Jackman
The housing market in 04945 is characterized by low turnover and high vacancy rates, typical of a remote, seasonal-heavy region. Prices remain stable and affordable compared to state averages, driven by limited inventory and a niche buyer pool focused on outdoor recreation.
This ZIP is best suited for outdoor enthusiasts, retirees, and those seeking a remote, low-cost lifestyle in a wilderness setting.
Median prices moved up 2.5% year over year.
Homes spend a median of 180 days on market with 12.0 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 10.1% — 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 2.5%/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 2.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 04945, Somerset County ME
The area is served by rural district schools with limited comparative data available.
The region is subject to severe winter weather and forest fire risks common to northern Maine.
Economic activity is primarily driven by tourism, forestry, and outdoor recreation with limited large-scale industrial development.
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.
Commuting is primarily by private vehicle with long travel times to regional employment hubs due to the remote location.
The area is a hub for snowmobiling, hunting, fishing, and hiking, featuring proximity to Moose River and various wilderness trails.
The rental market is characterized by low inventory and seasonal demand driven by tourism and seasonal workers.
The local economy is heavily reliant on the tourism, outdoor recreation, and forestry sectors.
Transportation is limited to regional highway access; no public transit infrastructure exists.
No major commercial or residential developments are currently reported for this remote area.
Somerset County utilizes a standard ad valorem assessment system for property taxation.
Parcels are subject to local municipal and county school district levies.
Property insurance premiums are influenced by high wildfire risk and remote emergency service access.
Data retrieved from Census Reporter and data.census.gov.
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.
Major regional waterway for fishing and boating.
Local community green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.