04240 — Lewiston, ME Home Values
Typical home value $305,304 as of June 2026 · 11th of 14 in Lewiston-Auburn, ME
Blue: typical home value (Zillow ZHVI) in ZIP code 04240, June 2021 to June 2026. This page shows observed data only; no forecast.
How 04240 compares in the Lewiston-Auburn, ME area
ZIP code 04240 (Lewiston, ME) has a typical home value of $305,304 as of June 2026, ranking 11th of 14 ZIP codes tracked in the Lewiston-Auburn, ME area, more expensive than about 29% of ZIP codes in the metro. Prices here have moved +1.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +45.9%, from $209,285 in June 2021 to $305,304 in June 2026. Against observed rent, the typical home here sells for 17.2× the annual rent ($1,480/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Lewiston-Auburn, ME forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Lewiston.
Population and demographics
ZIP code 04240 has a population of 37,886, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 80% White, 10.8% Black or African American, 4.2% two or more races, 2.7% Hispanic or Latino, and 2.2% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Acadia Academy School | 12 Westminster Street, Lewiston, ME | 1 mi |
| Farwell Elementary School | 84-110 Farwell St, Lewiston, ME | 1.1 mi |
| Montello School | 407 East Avenue, Lewiston, ME | 1.4 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 04240?
$305,304 as of June 2026, the latest month Zillow has published observed data for.
Is 04240 an expensive ZIP code in the Lewiston-Auburn, ME area?
04240 ranks 11th of 14 ZIP codes in the Lewiston-Auburn, ME area by typical home value, more expensive than about 29% of ZIP codes in the metro.
How much have home values in 04240 changed over the past year?
+1.7% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 04240?
The typical home price is 17.2× the observed annual rent in this ZIP code ($1,480/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 04240?
37,886, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 04240?
Acadia Academy School (1 mi), Farwell Elementary School (1.1 mi), Montello School (1.4 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 04240?
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 Lewiston-Auburn, 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.