US5.com
  1. Home
  2. States
  3. Maine
  4. ZIP 04344
  5. Housing & Real Estate
Farmingdale CDP, ME

ZIP 04344 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 04344

Median Home Value
$205,700
Median Rent
$523
Affordability Snapshot
$57,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,321/mo PITI).

10%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.4x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

32.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 04344 in Farmingdale CDP, ME, a household would need roughly $57,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,321. That is roughly in line with the local median household income ($60,000). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
59.9%-8% vs US avg
x
Vacancy Rate
2.9%-72% vs US avg
x
Broadband Access
83.7%-4% vs US avg
x
4+ Bedrooms
2.1%-86% vs US avg
x
Built Pre-1939
1.4%-89% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
15.8%-68% vs US avg
x
Mortgage-Free
50.4%+32% vs US avg
x
$205,700
Home Value
$523
Rent
1974
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached50.7%
  • 1-unit attached5.9%
  • 2-9 units23.4%
  • 10+ units2.0%
  • Mobile home & other18.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$205,700
Median rent$523
Owner-occupied59.9%
Vacant2.9%
Price-to-income3.4x
Est. income to buy$57,000