The story of this market
The typical home in ZIP 04947 sells for about $625,000, or $338 per square foot.
Prices are up +7.94% from a year ago, so sellers still have some momentum. Homes take about 156 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $943 a month.
ZIP 04947 — Carrabassett Valley
The housing market in Kingfield (04947) shows strong price appreciation with a median home price of $625,000, reflecting high demand. Inventory remains limited with 43 active listings, and homes are moving faster than in the previous year. Market data is based on Franklin County regional trends where specific ZIP-level metrics were unavailable.
Median prices moved up 7.9% year over year.
Homes spend a median of 156 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 10.5% — a stable, low-distress profile.
ZCTA 04947, Kingfield, 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 Census ACS and DHC profiles for ZCTA 04947.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.