Chester, ME is experiencing an exciting time in terms of its housing market. The median value of homes in Chester, ME is $160,300 which is significantly lower than the US median value of $338,100. In the last year, the appreciation rate for homes in Chester was 15.28%, almost double the US appreciation rate of 8.27%. This high rate suggests that Chester's housing market is growing and may be a great choice for those looking to invest in real estate.
The median home cost in Chester is $160,300. Home appreciation the last 10 years has been 79.9%. Home Appreciation in Chester is up 19.0%.
Average Age of Homes
- The median age of Chester real estate is 28 years old
The Rental Market in Chester
- Renters make up 11.5% of the Chester population
- 0.0% of houses and apartments in Chester, 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.