The housing market in Denmark, ME is doing very well. The median value of a house is $369,800, which is significantly higher than the US median value of $338,100. Furthermore, the 1 year house appreciation rate in Denmark is 12.21%, which is much higher than the 8.27% national average. This means that people who own houses in Denmark are seeing their properties increase in value at a faster rate than those elsewhere in the US.
The median home cost in Denmark is $369,800. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Denmark is up 16.2%.
Average Age of Homes
- The median age of Denmark real estate is 39 years old
The Rental Market in Denmark
- Renters make up 4.4% of the Denmark population
- 0.0% of houses and apartments in Denmark, 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.