Housing in East Millinocket, ME is relatively affordable compared to the national median value of $338,100. The median value of housing in East Millinocket, ME is $98,500, which is considerably lower than the US median. In addition to being affordable, housing prices in East Millinocket have also appreciated over the past year at a rate faster than the national average. Housing prices increased 15.28%, compared to the 8.27% increase across the United States. This indicates that East Millinocket is an attractive place for potential homebuyers due to both its affordability and strong appreciation rate.
The median home cost in East Millinocket is $98,500. Home appreciation the last 10 years has been 79.9%. Home Appreciation in East Millinocket is up 19.0%.
Average Age of Homes
- The median age of East Millinocket real estate is 58 years old
The Rental Market in East Millinocket
- Renters make up 19.7% of the East Millinocket population
- 0.0% of houses and apartments in East Millinocket, 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.