The housing market in Carthage, ME is thriving. The median value of houses in the area is significantly lower than the US median house value, at $124,100 compared to $338,100. While the US saw a 1 year house appreciation rate of 8.27%, Carthage homes saw an even greater appreciation rate of 14.68%. This higher appreciation rate indicates that Carthage is an attractive place to invest in real estate and live. With its lower median house value and strong appreciation rate, Carthage is an ideal place for buyers looking for affordable housing with potential for increased value over time.
The median home cost in Carthage is $124,100. Home appreciation the last 10 years has been 96.2%. Home Appreciation in Carthage is up 20.0%.
Average Age of Homes
- The median age of Carthage real estate is 33 years old
The Rental Market in Carthage
- Renters make up 10.2% of the Carthage population
- 0.8% of houses and apartments in Carthage, 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.