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Home values, rents and more in ZIP code 04950 (Madison, ME)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$215,000
Maine: $412,000 · U.S.: $366,000
Home values, past year
+4.0%
Maine: +1.6% · U.S.: +1.2%
Population
4,782
ACS 2020–24
Median household income
$61,747
Maine: $74,733 · U.S.: $80,734
ZIP codes around 04950, shaded by typical home value04950049760491104958049570497904912
  • Under $190k
  • $190k–$220k
  • $220k–$240k
  • $240k–$260k
  • $260k+
  • No data
ZIP codes around 04950, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 04950 is outlined.

How 04950 compares

The typical home in ZIP code 04950 (Madison, ME) is worth about $215,000, according to the Zillow Home Value Index for September 2026. Home values in 04950 are 48% below the typical value in Maine ($412,000) and 41% below the U.S. typical value ($366,000).

Over the past year, home values in 04950 rose 4.0%, compared with +1.6% in Maine and +1.2% nationally.

The median household income is $61,747, against $74,733 in Maine and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 4,782 people live in 04950 (American Community Survey 2020–24).

04950 has the 58th-lowest typical home value of the 312 ZIP codes in Maine with Zillow figures.

Part of: Madison, ME · Somerset County, ME · Maine

More for 04950 in ProMap Plus

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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