ZIP Code Market Report
04640 — Hancock, ME
Data through February 2026 · Updated monthly
Avg Home Value
$349,287
▲ 0.1% year-over-year
Month-over-Month
-0.5%
▼ 0.5%
Single Family
$347,163
Condo / Co-op
--
The average home value in the 04640 ZIP code (Hancock, MAINE) is $349,287 as of February 2026. Home prices are stable, up 0.1% compared to last year.
The market in 04640 has a $359,746 spread between bottom-tier homes at $210,256 and top-tier homes at $570,002. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Hancock County market area in MAINE. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Hancock County report.
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Market Snapshot
04640 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $354,660 | $351,016 | $349,287 | ▼ 1.5% |
| Single Family Value | $348,779 | $347,409 | $347,163 | ▼ 0.5% |
Home Values
04640 Home Value Trend
Historical home values for ZIP code 04640. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 04640
How different property types compare in this ZIP code.
All Homes
$349,287
Single Family
$347,163
Bottom Tier
$210,256
Top Tier
$570,002
Data Sources and Methodology
Home value data for ZIP code 04640 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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