The housing market in Porter, ME is thriving. The median housing value in the city is $247,100 which is significantly lower than the US Median House Value of $338,100. However, the one-year house appreciation rate in Porter is 12.21%, which is higher than the US rate of 8.27%. This shows that the housing values are increasing rapidly and it is a good time to invest in property in Porter. With its comparatively low prices and high appreciation rates, the city has an attractive real estate market for buyers and investors.
The median home cost in Porter is $247,100. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Porter is up 16.2%.
Average Age of Homes
- The median age of Porter real estate is 43 years old
The Rental Market in Porter
- Renters make up 15.2% of the Porter population
- 0.0% of houses and apartments in Porter, 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.