ZIP Code Market Report
04854 — Owls Head, ME
Data through February 2026 · Updated monthly
Avg Home Value
$481,565
▼ 2.7% year-over-year
Month-over-Month
-0.8%
▼ 0.8%
Single Family
$475,271
Condo / Co-op
--
The average home value in the 04854 ZIP code (Owls Head, MAINE) is $481,565 as of February 2026. Home prices are declining, down 2.7% compared to last year.
A 3-bedroom home in 04854 is valued at $488,019.
The market in 04854 has a $514,530 spread between bottom-tier homes at $314,492 and top-tier homes at $829,022. 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 Knox County market area in MAINE. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Knox County report.
Free Home Value Estimate
What's your home worth in 04854 (Owls Head)?
Get a free estimate based on recent sales and market data in your neighborhood. See how your home compares.
Free · Takes 30 seconds · Based on real sale data
Market Snapshot
04854 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 | $491,147 | $485,296 | $481,565 | ▼ 2.0% |
| Single Family Value | $474,577 | $474,956 | $475,271 | ▲ 0.1% |
Home Values
04854 Home Value Trend
Historical home values for ZIP code 04854. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 04854
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 3 Bedrooms | $488,019 |
Property Types
Home Values by Property Type in 04854
How different property types compare in this ZIP code.
All Homes
$481,565
Single Family
$475,271
Bottom Tier
$314,492
Top Tier
$829,022
Data Sources and Methodology
Home value data for ZIP code 04854 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.
Investing in Owls Head?
Run your ARV and MAO instantly with live market data