3-digit ZIP regional index
Home appreciation in ZIP codes 044xxBangor, ME area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 044 changed +1.3% over the year to Q2 2026, compared with +3.2% for Maine and +3.0% for the United States.
The region covers ZIP codes 04401–04497. Most of its 2010 population lived in Penobscot County (79%), Piscataquis County (10%), Hancock County (7%). Communities in the region include Brewer, Orono, Old Town, Millinocket, Hampden. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +1.3%
- 5-year change
- +57.1%
- Since Q1 1995
- +282%
- National rank (1 year)
- 746th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 044 vs Maine and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 044: 381.8
- Maine: 477.7
- Bangor, ME metro: 375.6
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 044 | ME | U.S. | Gap vs ME | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +1.3% | +3.2% | +3.0% | −2.0 pts | −1.8 pts |
| 3 years | +14.7% | +17.0% | +12.9% | −2.2 pts | +1.9 pts |
| 5 years | +57.1% | +56.4% | +41.3% | +0.7 pts | +15.8 pts |
| 10 years | +107% | +123% | +93.3% | −16.1 pts | +13.4 pts |
| Since Q1 1995 | +282% | +378% | +292% | −95.9 pts | −9.7 pts |
If you bought in ZIP3 044 in…
Applying the regional index change from the same quarter of each year to Q2 2026 to an example $300,000 purchase price. Individual homes can differ widely from the regional average.
| Bought in | Index change | $300,000 then, at the regional rate |
|---|---|---|
| Q2 1995 | +276% | $1,128,673 |
| Q2 2000 | +225% | $976,381 |
| Q2 2005 | +115% | $646,403 |
| Q2 2010 | +110% | $629,979 |
| Q2 2015 | +117% | $651,328 |
| Q2 2020 | +79.2% | $537,612 |
| Q2 2021 | +57.1% | $471,259 |
| Q2 2023 | +14.7% | $344,208 |
| Q2 2025 | +1.3% | $303,779 |
How ZIP3 044 ranks
Over the past year ZIP3 044 ranks 746th of 882 3-digit ZIP regions nationally and 10th of 11 in Maine. Its one-year change is −1.8 pts versus the nation and −2.0 pts versus Maine. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Maine |
|---|---|---|
| 1 year | 746th of 882 | 10th of 11 |
| 3 years | 476th of 882 | 10th of 11 |
| 5 years | 82nd of 882 | 7th of 11 |
| 10 years | 230th of 882 | 11th of 11 |
| Since Q1 1995 | 367th of 879 | 11th of 11 |
Boom, bust, and recovery in ZIP3 044
ZIP3 044's index peaked in Q1 2008, fell 14.4% to its low in Q2 2014, and regained its peak in Q3 2019, about 11.5 years after the top. Today it sits +90.2% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| ZIP3 044 | Q1 2008 | Q2 2014 | -14.4% | Q3 2019 (11.5 yrs) | +90.2% |
| ME | Q1 2008 | Q2 2012 | -13.1% | Q3 2017 (9.5 yrs) | +109% |
| Metro | Q1 2008 | Q2 2014 | -14.6% | Q3 2019 (11.5 yrs) | +88.6% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 044's index has changed +72.5% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 044 after inflation | ME after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -2.5% | -0.6% | -4.2% | -0.8% |
| 3 years | +9.8% | +4.5% | +6.5% | +4.5% | +2.8% |
| 5 years | +24.0% | +26.6% | +26.1% | +25.5% | +13.9% |
| 10 years | +39.1% | +48.6% | +60.2% | +48.4% | +39.0% |
| Since Q1 1995 | +121% | +72.5% | +116% | +69.6% | +76.8% |
Estimate appreciation for a home in ZIP3 044
Regional estimate
$620,156
- Estimated gain
- $320,156
- Index change
- +107%
- Start index
- 184.71
- End index
- 381.83
ZIP3 044 (Bangor, ME area), Q2 2016 to Q2 2026. Index type: Native 3-Digit ZIP index.
Nearby 3-digit ZIP regions
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|---|
| 049 · Waterville, ME area | ME | +2.3% | +59.5% | +302% |
| 046 · Ellsworth, ME area | ME | +2.3% | +59.5% | +302% |
| 048 · Rockland, ME area | ME | +2.3% | +59.5% | +302% |
| 043 · Augusta, ME area | ME | +2.3% | +59.5% | +302% |
| 045 · Bath, ME area | ME | +2.3% | +59.5% | +302% |
| 042 · Lewiston, ME area | ME | +3.3% | +57.0% | +312% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 381.83 |
| Q1 2026 | 390.66 |
| Q4 2025 | 375.08 |
| Q3 2025 | 374.68 |
| Q2 2025 | 377.08 |
| Q1 2025 | 355.43 |
| Q4 2024 | 364.17 |
| Q3 2024 | 361.38 |
| Q2 2024 | 360.99 |
| Q1 2024 | 345.37 |
| Q4 2023 | 332.61 |
| Q3 2023 | 340.10 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 044?
- Based on FHFA HPI® data for 3-digit ZIP region 044, the regional index changed +1.3% over the year to Q2 2026, +57.1% over five years, +107% over ten years, and +282% since Q1 1995.
- Is ZIP3 044 appreciating faster than Maine and the U.S.?
- Over the past year the region's index +1.3% compares with +3.2% for Maine and +3.0% for the U.S., a gap of −1.8 pts versus the nation. Over five years the gap versus the nation is +15.8 pts.
- Which ZIP codes are in 3-digit ZIP region 044?
- All ZIP codes that begin with 044. Census 2010 ZIP Code Tabulation Areas in this region run from 04401 to 04497 (66 areas). FHFA publishes one index for the whole 3-digit region, not for each 5-digit ZIP code.
- Can I use this to value my home?
- No. The FHFA HPI® is a broad regional index of average price movement. It is not an appraisal, tax assessment, or automated valuation of any individual property. Use it as general context alongside local sales and a professional opinion.