Welcome to our 4953 real estate data hub, tailored for investors in Newport, ME. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 4953 in Newport, ME. Discover Section 8 housing opportunities and challenges to maximize your investment potential in PENOBSCOT COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Newport, ME real estate investing. Uncover the wealth of information available, and position yourself for success in the Newport property market.
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Location Overview
- Zip Code: 4953
- City: Newport
- State: ME
- Metro Area: Bangor, ME
- County Name: PENOBSCOT COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $222,570
- Average Home Price (Single Family Homes): $222,619
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: 3%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $970
- Average 3 Bedroom Section 8 Rental Rates: $1,220
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 19.12
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 15.2
- Number of Units Offered in Section 8 in the County: 1740
- Number of Occupied Units in Section 8 in the County: 1702
- Percentage of Section 8 Units Occupied in the County: 97.80000305%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): Not Available
- Total % Appreciation since 2000 (Government Data): Not Available
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 3.06%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 10.47%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 58.9%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 77.94%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 110.57%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 83.74%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 159.76%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%