HousingHandbookReference data

U.S. ZIP Code · ME04969

Penobscot County · Bangor, ME

Typical home value

$246,302[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.3%
5-year / yr
+5.3%
10-year / yr
+6.5%

Relative price

vs U.S.
-13.3%
vs metro
≈ metro median
vs state
-27.1%
ZIP 04969 location in ME
Location of ZIP 04969 in ME

Price history

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

The typical home in 04969 is worth $246,302. Over the past year, values have fallen 1.3%. 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
$2,083[3]

#Climate risk

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

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

#Who lives here

Population
1,319[3]
Median household income
$61,964[3]

#Migration

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

Net migration
+253[5]
Moved in
3,611
Moved out
3,358

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$1,245
Loan principal$197,042
Down payment$49,260
Total interest paid$251,316

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$1,625
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
14th percentile[1]
Rental yield
[2]
Property tax
23rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 04969?
The typical home in 04969 is worth $246,302, based on the Zillow Home Value Index.
Are home values rising in 04969?
Home values in 04969 are down 1.3% over the past year, and up 5.3% a year over five years.
What is the property tax rate in 04969?
The effective property tax rate in 04969 is 0.8% — roughly $2,083 a year on a typical home.
Who lives in 04969?
ZIP code 04969 has a population of 1,319 and a median household income of $61,964.

#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
    $246,001
    Gross yield
  • Old Town, ME

    Typical home
    $248,075
    Gross yield
    7.0%
  • ME

    Typical home
    $249,680
    Gross yield
  • ME

    Typical home
    $252,072
    Gross yield
  • ME

    Typical home
    $236,166
    Gross yield
  • ME

    Typical home
    $231,700
    Gross yield

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