The housing market in Eddington, ME is vibrant and growing. The median value of homes in the area is $262,400, significantly lower than the US median of $338,100. However, over the last year the house appreciation rate has been much higher in Eddington at 15.28%, compared to 8.27% across the country as a whole. This demonstrates that home prices are increasing quickly in Eddington and could present a great opportunity for those looking to buy or invest in real estate.
The median home cost in Eddington is $262,400. Home appreciation the last 10 years has been 79.9%. Home Appreciation in Eddington is up 19.0%.
Average Age of Homes
- The median age of Eddington real estate is 40 years old
The Rental Market in Eddington
- Renters make up 14.9% of the Eddington population
- 1.6% of houses and apartments in Eddington, 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.