The housing market in Dixmont, ME is thriving. The median value of a home in the area is $230,900, which is significantly lower than the US median of $338,100. Despite this difference, the housing market in Dixmont has been gaining momentum with a 1 year appreciation rate of 16.46%, higher than the national 1 year appreciation rate of 8.27%. This indicates that homes in Dixmont are becoming increasingly valuable at a faster rate than the rest of the country and it is likely to remain a healthy market.
The median home cost in Dixmont is $230,900. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Dixmont is up 20.6%.
Average Age of Homes
- The median age of Dixmont real estate is 26 years old
The Rental Market in Dixmont
- Renters make up 11.5% of the Dixmont population
- 1.4% of houses and apartments in Dixmont, 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.