The housing market in Lee, ME is an attractive option for potential homeowners. The median value of a home in Lee, ME is $157,600, which is significantly lower than the US median of $338,100. In addition to the more affordable cost of homes in Lee, ME the 1 year appreciation rate is also higher than the national average at 15.28%. This makes investing in a home in Lee both price-friendly and potentially profitable for its owners.
The median home cost in Lee is $157,600. Home appreciation the last 10 years has been 79.9%. Home Appreciation in Lee is up 19.0%.
Average Age of Homes
- The median age of Lee real estate is 33 years old
The Rental Market in Lee
- Renters make up 6.2% of the Lee population
- 0.0% of houses and apartments in Lee, 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.