Freeport, ME is a great place to buy a house due to its high median value of $582,000 and high 1 year appreciation rate of 12.21%. This is significantly higher than the US House Median Value of $338,100 and the US 1 year house appreciation rate of 8.27%, indicating that Freeport's housing market is strong. Buying a home in Freeport can be an excellent investment for potential homeowners looking for good value and low interest rates.
The median home cost in Freeport is $582,000. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Freeport is up 16.2%.
Average Age of Homes
- The median age of Freeport real estate is 36 years old
The Rental Market in Freeport
- Renters make up 18.8% of the Freeport population
- 1.3% of houses and apartments in Freeport, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.