Real Estate Investing in New Sharon, Maine (04955)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04955 (New Sharon, ME)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 17.5% 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 New Sharon, ME (04955)?
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Market Analysis: 04955 New Sharon
ZIP 04955 in New Sharon, ME carries a solid set of headwinds. Home values near $269K and rents of $1,368/mo sit inside a market where underwriting has to be tight.
The 04955 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Turning to rents, 04955 offers a low basis, the region around New Sharon has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 04955 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 04955 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in New Sharon:
Market Trends
Home Value History (with trend line)
📊 How Does 04955 Compare?
| Metric | 04955 | New Sharon | Maine |
|---|---|---|---|
| Home Value | $269,132 | $269,132 | $401,109 |
| 5-Year CAGR | 7.4% | 7.4% | 8.6% |
| Avg Rent | $1,368 | $1,368 | - |
| Cap Rate | 4.0% | 4.0% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 04955 (New Sharon, ME). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $269,132 |
| Monthly Rent | $1,368 |
| Price-to-Rent | 16.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 11.4% |
📈 Home Appreciation
| 1-Year | +16.6% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +7.4% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (4.0%). 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 04955
Population: 1,622
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 04955
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What are vacancy rates like in New Sharon, ME?
New Sharon, ME sees elevated vacancy, which is reasonable relative to the broader ME rental market.
Where do home prices stand in New Sharon, ME?
New Sharon, ME home values average about $269K. That price point suits investors targeting rentals with $1,368/mo in monthly income.
What type of investing works in New Sharon, ME?
A careful cash-flow rentals with hands-on management strategy New Sharon, ME best. The market produces measured results for that approach at the $269K price point.
Is the tenant base reliable in New Sharon, ME?
The renter base in New Sharon, ME is reasonable for the $1,368/mo price point. Screening well and pricing to market typically yields steady tenants.
What is the investability score for New Sharon, ME?
New Sharon, ME records an investability rating of 3.0/5, with median home values near $269K and average rents around $1,368/mo. That combination puts it in the notable tier for investor interest.
You know 04955 now. You don’t know where it ranks.
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