The housing market in Lubec, ME is thriving, with a median value of $207,500. This is significantly lower than the US median value of $338,100, making it an attractive option for potential homebuyers. What's more, the one-year house appreciation rate in Lubec is 16.46%, nearly double the US average of 8.27%. This indicates that housing prices in Lubec are on the rise and it may be a good time to invest in property here. With its low median value and strong appreciation rate, Lubec could be an ideal destination for those looking to purchase or invest in real estate.
The median home cost in Lubec is $207,500. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Lubec is up 20.6%.
Average Age of Homes
- The median age of Lubec real estate is 46 years old
The Rental Market in Lubec
- Renters make up 12.4% of the Lubec population
- 0.0% of houses and apartments in Lubec, 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.