ZIP Code 04769 Housing Market

📝 Local Market Notes

The housing market in ZIP code 04769, located within Aroostook County, Maine, exhibits a pronounced upward trajectory over the recent five-year period. The Home Price Index (HPI) for this area has more than doubled since 2021, rising from 188.29 to 299.42 in 2025. This sustained growth indicates significant appreciation, with the index peaking in 2023 before a minor correction in 2024 and a subsequent rebound. Such volatility suggests a market that has experienced rapid value accumulation, likely driven by limited inventory or shifting demographic demands specific to this rural sub-market. When compared to broader regional metrics, ZIP 04769 demonstrates distinct performance characteristics. The ZIP’s year-over-year growth of +7.08% lags slightly behind the Aroostook County average of +8.56%, yet it significantly outpaces the statewide YoY increase of +0.98%. This divergence signals that local factors within Aroostook County are driving stronger price appreciation than the state as a whole. While the county is heating up, the state remains relatively flat, highlighting Aroostook’s unique position in the Maine housing landscape. The nearby ZIP 04736 shows a much slower YoY growth of +1.98%, further emphasizing the specific momentum present in the 04769 area. Based on parent county data, the median home value stands at $149,700, with a median household income of $56,700. Despite the high HPI index, which is normalized to 100 in 2000, the absolute dollar values remain moderate compared to national averages. The 74.5% owner-occupancy rate suggests a stable, community-oriented market rather than a transient renter-heavy zone. For prospective buyers, the practical takeaway is that while entry points are accessible relative to national standards, the rapid recent appreciation means values have risen sharply. Buyers should note that the 7.40% national mortgage rate impacts affordability, but the local market’s strength suggests continued demand. The sub-market appears to be a solid, mid-tier residential area within a growing rural county, offering value for those seeking stability in northern Maine.

Based on FHFA House Price Index data.