04924, Canaan, ME

Home Equity in the 4924 Zip Code of Canaan, ME

The home equity in the zip code of 4924 in Canaan, Maine is $269,000. This is a decrease from the previous year when it was $291,000. The reason for this decrease may be due to the current market conditions where many people are selling their homes and moving into smaller apartments or condos. Another possibility is that some homeowners may have decided to refinance their mortgages and take out a lower interest rate which would result in a smaller increase in their home equity.

Home Prices in the 4924 Zip Code of Canaan, ME

The home prices in the zip code of 4924 are $148,500 which is an increase from last year when it was $132,500. This increase may be due to several factors such as low interest rates and increasing demand for housing within this area. Additionally, there has been an influx of new residents who are buying homes within this zip code because they appreciate its close proximity to Portland and Bangor as well as its relatively low cost of living.