Boothbay Harbor, ME is a beautiful coastal community located in the state of Maine. The median value of housing in this area is significantly higher than the US median value of $338,100. Furthermore, the appreciation rate for homes in Boothbay Harbor is also much higher than the national average; over the past year, house values have appreciated by 16.46%, nearly double the US rate of 8.27%. These numbers indicate that Boothbay Harbor is an attractive place to purchase or rent a home, and provides a great opportunity for potential homeowners to make an investment with sizeable returns.
The median home cost in Boothbay Harbor is $461,700. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Boothbay Harbor is up 20.6%.
Average Age of Homes
- The median age of Boothbay Harbor real estate is 59 years old
The Rental Market in Boothbay Harbor
- Renters make up 13.7% of the Boothbay Harbor population
- 1.4% of houses and apartments in Boothbay Harbor, 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.