Real Estate Investing in Jefferson, Maine (04348)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04348 (Jefferson, ME)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 33.0% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Jefferson, ME (04348)?
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Market Analysis: 04348 Jefferson
This part of Lincoln County is not an easy win. The 04348 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The investment case in 04348 is notable only for operators who understand what they are buying. A $364K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Jefferson have seen price recovery that 04348 has not matched. Lincoln County data supports the view that the spread is structural rather than temporary.
Employment concentration in 04348 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. notable returns are possible in 04348, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Jefferson:
Property Strategy for 04348
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $312,691 | $1,420 | 3.3% | — | $156,345 |
| 3BR | $388,580 | $1,960 | 3.6% | +10.6% | $129,527 |
Market Trends
Home Value History (with trend line)
📊 How Does 04348 Compare?
| Metric | 04348 | Jefferson | Maine |
|---|---|---|---|
| Home Value | $363,935 | $363,935 | $401,109 |
| 5-Year CAGR | 6.3% | 6.3% | 8.6% |
| Avg Rent | $1,278 | $1,278 | - |
| Cap Rate | 2.7% | 2.7% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 04348 (Jefferson, ME). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $363,935 |
| Monthly Rent | $1,278 |
| Price-to-Rent | 23.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +5.0% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +8.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 04348
Population: 3,497
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 04348
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
Is real estate in Jefferson, ME a good investment right now?
Investors tracking Jefferson, ME will find a 3.0/5 rating supported by $364K median home values and $1,278/mo rents. That profile suits long-term holders targeting even-keeled returns.
How much should I expect to pay for a home in Jefferson, ME?
Jefferson, ME home values average about $364K. That price point suits investors targeting rentals with $1,278/mo in monthly income.
How tight is the rental market in Jefferson, ME?
Vacancy in Jefferson, ME is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,278/mo.
What investment strategy works best in Jefferson, ME?
Investors usually favor careful cash-flow rentals with hands-on management in Jefferson, ME. With home values at $364K and rents near $1,278/mo, other strategies can work but produce measured rather than outsized returns.
What is the typical rental rate in Jefferson, ME?
Rent in Jefferson, ME is around $1,278/mo. The resulting rent-to-value relationship with $364K pricing is reasonable for most investor models.
You know 04348 now. You don’t know where it ranks.
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