The housing market in New Sweden, ME is flourishing with an impressive median value of $193,300. This value is significantly lower than the US house median value of $338,100, providing potential buyers with a more affordable option. Furthermore, the 1 year house appreciation rate in New Sweden, ME is double that of the United States at 16.46%. This further emphasizes the attractiveness of this market and indicates a robust and healthy real estate environment.
The median home cost in New Sweden is $193,300. Home appreciation the last 10 years has been 82.1%. Home Appreciation in New Sweden is up 20.6%.
Average Age of Homes
- The median age of New Sweden real estate is 73 years old
The Rental Market in New Sweden
- Renters make up 11.7% of the New Sweden population
- 0.0% of houses and apartments in New Sweden, 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.