Housing in Hancock, ME is very desirable due to its median value of $335,800, which is slightly below the US House Median Value of $338,100. Additionally, houses in Hancock have seen a much greater appreciation rate over the past year at 16.46% compared to the US 1 year House Appreciation rate of 8.27%. These factors make Hancock an attractive destination for potential home buyers who want to get more for their money and see greater gains on their investment.
The median home cost in Hancock is $335,800. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Hancock is up 20.6%.
Average Age of Homes
- The median age of Hancock real estate is 29 years old
The Rental Market in Hancock
- Renters make up 19.9% of the Hancock population
- 0.0% of houses and apartments in Hancock, 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.