The housing market in Arundel, ME is thriving. According to the data, the median value for a home in Arundel is $454,700 which is significantly higher than the US House Median Value of $338,100. This shows that there is a strong demand for houses in Arundel and that it is a desirable place to live. Additionally, over the past year there has been an impressive appreciation of 12.21%, which surpasses the US 1 year house appreciation of 8.27%. This further highlights Arundel's booming economy and makes it an attractive option for people looking to settle down.
The median home cost in Arundel is $454,700. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Arundel is up 16.2%.
Average Age of Homes
- The median age of Arundel real estate is 33 years old
The Rental Market in Arundel
- Renters make up 20.7% of the Arundel population
- 0.0% of houses and apartments in Arundel, 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.