04240, Lewiston, ME Housing Market

ZIP code 04240's median home value is $303K, up 7.1% over the past year. Homes here sell in a median 22 days. Its PropertyIQ Score of 51 sits right around the state average of 50.

PropertyIQ provides ZIP-code-level market intelligence for 04240, Lewiston, ME — going deeper than metro or county averages to reveal neighborhood-specific demand dynamics. By tracking Zillow home-value momentum alongside Realtor.com market-flow signals — median days on market and the share of listings with price cuts — specifically within ZIP code 04240, PropertyIQ predicts which micro-markets within ME are positioned to outperform.

ZIP-level analysis in New England uncovers hyperlocal affordability pockets that county and metro averages obscure. PropertyIQ scores each ZIP code to reveal where demand signals within individual neighborhoods suggest outperformance relative to the state benchmark, giving investors granularity that broader geographic analyses miss. Within the New England, ZIP code 04240's PropertyIQ Score of 51 tracks near the New England norm.

The PropertyIQ Score for 04240, Lewiston, ME is built from four inputs measured at the ZIP-code level: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a score above 50 points to a micro-market positioned to outperform its state.

View 04240, Lewiston, ME's PropertyIQ Score and compare it against other ZIP codes in the state. Generate a free AI market report for this ZIP code or explore historical trends on the interactive map to understand how this micro-market has evolved.