HousingHandbookReference data

U.S. ZIP Code · ME04929

Somerset County

Typical home value

$244,058[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.0%
5-year / yr
+11.2%
10-year / yr

Relative price

vs U.S.
-14.1%
vs metro
vs state
-27.8%
ZIP 04929 location in ME
Location of ZIP 04929 in ME

Price history

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

The typical home in 04929 is worth $244,058. Over the past year, values have risen 5.0%. The effective property tax rate is 0.9%.

#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
0.9%[3]
Typical annual tax
$2,127[3]

#Climate risk

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

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Moderate
Heat wave
Very Low
Hurricane
Relatively Moderate
Tornado
Very Low
Earthquake
Very Low
Winter weather
Relatively High

#Who lives here

Population
650[3]
Median household income
$51,111[3]

#Migration

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

Net migration
+215[5]
Moved in
1,493
Moved out
1,278

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$1,234
Loan principal$195,246
Down payment$48,812
Total interest paid$249,026

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$1,614
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
[1]
Rental yield
[2]
Property tax
[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 04929?
The typical home in 04929 is worth $244,058, based on the Zillow Home Value Index.
Are home values rising in 04929?
Home values in 04929 are up 5.0% over the past year, and up 11.2% a year over five years.
What is the property tax rate in 04929?
The effective property tax rate in 04929 is 0.9% — roughly $2,127 a year on a typical home.
Who lives in 04929?
ZIP code 04929 has a population of 650 and a median household income of $51,111.

Compare ZIPs

Pit ZIP 04929 against any other ZIP — full side-by-side table.

Compare 04929

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