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Newcastle CDP, ME

ZIP 04553 — 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 04553

Median Home Value
$406,300
Median Rent
$881
Affordability Snapshot
$112,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,610/mo PITI).

13%
Rent-to-Income Ratio

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

5.1x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

38.4 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 04553 in Newcastle CDP, ME, a household would need roughly $112,000 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 $2,610. That is about 41% above the local median household income ($79,667), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 20% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
80.2%+23% vs US avg
x
Vacancy Rate
19.6%+90% vs US avg
x
Broadband Access
84.5%-3% vs US avg
x
4+ Bedrooms
6.0%-60% vs US avg
x
Built Pre-1939
2.3%-82% vs US avg
x
Built Post-2014
4.5%-35% vs US avg
x
Rent Burden >30%
2.7%-94% vs US avg
x
Mortgage-Free
32.9%-14% vs US avg
x
$406,300
Home Value
$881
Rent
1987
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 detached88.0%
  • 1-unit attached2.0%
  • 2-9 units5.4%
  • 10+ units2.3%
  • Mobile home & other2.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$406,300
Median rent$881
Owner-occupied80.2%
Vacant19.6%
Price-to-income5.1x
Est. income to buy$112,000