Glenburn, ME is a great place to invest in housing. The median value of homes in Glenburn is $285,800, lower than the US House Median Value of $338,100. However, the appreciation rate of 1 year for homes in Glenburn is 15.28%, significantly higher than the US appreciation rate of 8.27%. This makes Glenburn an attractive option for home buyers looking for an affordable and quickly appreciating investment.
The median home cost in Glenburn is $285,800. Home appreciation the last 10 years has been 79.9%. Home Appreciation in Glenburn is up 19.0%.
Average Age of Homes
- The median age of Glenburn real estate is 33 years old
The Rental Market in Glenburn
- Renters make up 19.4% of the Glenburn population
- 0.0% of houses and apartments in Glenburn, 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.