ZIP Code 04061 — Waterboro, ME Home Prices (2026)
The typical home in ZIP 04061 (Waterboro, Maine) is worth about $393,000 at roughly $343 per square foot — 8% more affordable than the Waterboro median and 34% more expensive than the typical U.S. home.
How 04061 compares
ZIP 04061 is one of the more affordable ZIP codes in Waterboro: its typical home value of $393,000 ranks #3 of the 3 Waterboro ZIP codes we track (the citywide range runs from $393,000 in 04061 to $430,000 in 04030). Per square foot it costs about $343, against $343 for Waterboro as a whole, $271 for Maine, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 04061 | $393,000 | $343 |
| Waterboro, ME | $426,000 | $343 |
| Maine | $361,500 | $271 |
| United States | $294,000 | $195 |
Home value by size in 04061
Using this ZIP’s rate of about $343 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $343,000 |
| 1,500 sq ft | $514,500 |
| 2,000 sq ft | $686,000 |
| 2,500 sq ft | $857,500 |
| 3,000 sq ft | $1,029,000 |
Salary needed to buy a home in ZIP 04061
To buy the typical $393,000 home in ZIP 04061 with 20% down, you need a household income of roughly $107,000 a year (about $2,490 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $127,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $19,700 | $3,100/mo | $133,000/yr |
| 10% (+PMI) | $39,300 | $2,960/mo | $127,000/yr |
| 20% | $78,600 | $2,490/mo | $107,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 04061
At about $343 per square foot, here is roughly how much home different budgets get you in ZIP 04061:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $200k | 580 sq ft | below the local median — condos, smaller or older homes |
| $250k | 730 sq ft | below the local median — condos, smaller or older homes |
| $300k | 870 sq ft | below the local median — condos, smaller or older homes |
| $400k | 1170 sq ft | around the typical home here |
| $500k | 1460 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 04061 home.
Estimate a specific home in 04061
The estimator below is pre-set to ZIP 04061 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Waterboro ZIP codes by home value
Where 04061 sits among Waterboro’s 3 ZIP codes:
ZIP 04061 home prices: frequently asked
What is the average home price in ZIP code 04061? +
What is the price per square foot in 04061? +
What salary do you need to buy a house in ZIP 04061? +
Is 04061 an expensive ZIP code? +
See the full Waterboro home values page, all Maine cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.