04009 — Cumberland County, Maine Market Snapshot

Housing market data for zip code 04009 in Cumberland County, Maine. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

30 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$449,000

-6.0% YoYClosed sales

Days to Sell

65

Median, listing to close

Homes Sold

30

Closed in 2026

Inventory

65

Sale-to-List

98.0%

New Listings

62

Price/SqFt

$287

Pending Sales

44

Conforming Loan Available

Most homebuyers in 04009 can comfortably use conventional financing. The median home price of $449,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

With homes sitting for 65 days on average, 04009 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Sale-to-List Ratio

The average home in 04009 sells for 2.0% below asking price (98.0% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 04009 can comfortably use conventional financing. The median home price of $449,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 04009 are set at the county level.

2026 Loan Limits — Cumberland County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$615,250
2 Units$1,066,250$787,650
3 Units$1,288,800$952,050
4 Units$1,601,750$1,183,200

Affordability Snapshot — Zip 04009

To purchase the median home at $449,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,590.

Monthly Payment

$3,590

Income Required

$153,861

Principal & Interest

$2,767/mo

Down Payment (5%)

$22,450

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 04009.

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Estimated Monthly Payment

$2,929

Principal & Interest$2,330
Property Tax$449
Insurance$150
Loan Amount$359,200
Total Interest$479,514
Income Required$125,518/yr

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