04108 — Cumberland County, Maine Market Snapshot

Housing market data for zip code 04108 in Cumberland County, Maine. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Limited Sales Data

Only 2 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the Cumberland County county page for broader data.

Market Sales Data

2 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$689,000

Closed sales

Days to Sell

36

Median, listing to close

Homes Sold

2

Closed in 2026

Inventory

10

Conforming Loan Available

The median home in 04108 at $689,000 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.

Market Insights

Market Temperature

04108's market is balanced with homes taking an average of 36 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Conforming Loan Feasibility

The median home in 04108 at $689,000 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.

Loan limits in 04108 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 04108

To purchase the median home at $689,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,429.

Monthly Payment

$5,429

Income Required

$232,667

Principal & Interest

$4,245/mo

Down Payment (5%)

$34,450

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 04108.

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Estimated Monthly Payment

$4,414

Principal & Interest$3,575
Property Tax$689
Insurance$150
Loan Amount$551,200
Total Interest$735,825
Income Required$189,174/yr

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