HousingHandbookReference data

U.S. ZIP Code · ME04017

Cumberland County · Portland-South Portland, ME

Typical home value

$637,139[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.8%
5-year / yr
+6.9%
10-year / yr

Relative price

vs U.S.
+124.3%
vs metro
+25.9%
vs state
+88.5%
ZIP 04017 location in ME
Location of ZIP 04017 in ME

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 04017 is worth $637,139 — 25.9% above the Portland-South Portland, ME median. Over the past year, values have fallen 0.8%. The effective property tax rate is 0.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.8%[3]
Typical annual tax
$5,352[3]

#Climate risk

FEMA National Risk Index ratings for Cumberland County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Relatively Moderate
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Relatively Moderate
Tornado
Very Low
Earthquake
Relatively Low
Winter weather
Very High

#Who lives here

Population
555[3]
Median household income
$67,639[3]

#Migration

Household moves in and out of Cumberland County over a year, from IRS tax-return data.

Net migration
+466[5]
Moved in
9,440
Moved out
8,974

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
1
Elementary
1
Middle
0
High
0
  • Chebeague Island School

    Elementary · Grades PK–5 · Chebeague Island Public Schools

    12 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$3,222
Loan principal$509,711
Down payment$127,428
Total interest paid$650,108

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$4,199
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
79th percentile[1]
Rental yield
[2]
Property tax
29th percentile[3]

Frequently asked

How much is a home worth in ZIP code 04017?
The typical home in 04017 is worth $637,139, based on the Zillow Home Value Index.
Are home values rising in 04017?
Home values in 04017 are down 0.8% over the past year, and up 6.9% a year over five years.
What is the property tax rate in 04017?
The effective property tax rate in 04017 is 0.8% — roughly $5,352 a year on a typical home.
Who lives in 04017?
ZIP code 04017 has a population of 555 and a median household income of $67,639.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • ME

    Typical home
    $636,465
    Gross yield
  • Kittery CDP, ME

    Typical home
    $646,721
    Gross yield
    4.6%
  • Kennebunk CDP, ME

    Typical home
    $622,836
    Gross yield
  • Portland, ME

    Typical home
    $655,682
    Gross yield
    4.2%
  • South Eliot CDP, ME

    Typical home
    $612,924
    Gross yield
  • ME

    Typical home
    $592,438
    Gross yield

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