The housing market in Hamlin, ME is doing very well with a median value of $168,800. This is significantly lower than the US house median value of $338,100 but is growing at a much faster rate with an appreciation rate of 16.46%, compared to the US 1 year appreciation rate of 8.27%. This means that the value of houses in Hamlin are increasing at nearly double the rate of US houses. It looks like it's a great time to invest in the housing market in Hamlin.
The median home cost in Hamlin is $168,800. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Hamlin is up 20.6%.
Average Age of Homes
- The median age of Hamlin real estate is 51 years old
The Rental Market in Hamlin
- Renters make up 1.4% of the Hamlin population
- 0.0% of houses and apartments in Hamlin, 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.