Dedham, ME is a desirable place to live, with a median housing value of $308,000. This is slightly lower than the US median housing value of $338,100 but houses in Dedham have had a higher percentage appreciation rate over the past year than the rest of the country at 15.28%, compared to 8.27% nationally. This suggests that properties in Dedham are likely to continue appreciating at a higher rate for some time, making it an attractive market for potential buyers and investors alike.
The median home cost in Dedham is $308,000. Home appreciation the last 10 years has been 79.9%. Home Appreciation in Dedham is up 19.0%.
Average Age of Homes
- The median age of Dedham real estate is 32 years old
The Rental Market in Dedham
- Renters make up 9.4% of the Dedham population
- 1.0% of houses and apartments in Dedham, 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.