04039 — Gray, ME Home Values
Typical home value $526,078 as of June 2026 · 35th of 73 in Portland-South Portland, ME
Blue: typical home value (Zillow ZHVI) in ZIP code 04039, June 2021 to June 2026. This page shows observed data only; no forecast.
How 04039 compares in the Portland-South Portland, ME area
ZIP code 04039 (Gray, ME) has a typical home value of $526,078 as of June 2026, ranking 35th of 73 ZIP codes tracked in the Portland-South Portland, ME area, more expensive than about 53% of ZIP codes in the metro. Prices here have moved +5.6% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +35.3%, from $388,793 in June 2021 to $526,078 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Portland-South Portland, ME forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Portland.
Population and demographics
ZIP code 04039 has a population of 8,004, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 90.6% White, 7.4% two or more races, 0.7% Hispanic or Latino, 0.5% Asian, 0.4% Black or African American, and 0.3% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Gray-New Gloucester Middle School | 31 Libby Hill Road, Gray, ME | 0.7 mi |
| Gray-New Gloucester High School | 10 Libby Hill Road, Gray, ME | 0.9 mi |
| Fiddlehead School of Arts & Science | 25 Shaker Rd, Gray, ME | 2.1 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 04039?
$526,078 as of June 2026, the latest month Zillow has published observed data for.
Is 04039 an expensive ZIP code in the Portland-South Portland, ME area?
04039 ranks 35th of 73 ZIP codes in the Portland-South Portland, ME area by typical home value, more expensive than about 53% of ZIP codes in the metro.
How much have home values in 04039 changed over the past year?
+5.6% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 04039?
8,004, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 04039?
Gray-New Gloucester Middle School (0.7 mi), Gray-New Gloucester High School (0.9 mi), Fiddlehead School of Arts & Science (2.1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 04039?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Portland-South Portland, ME forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.