The housing market in Ripley, ME is strong with a median value of $184,200. This is significantly lower than the US median house value of $338,100. However, the 1 year house appreciation rate in Ripley is an impressive 16.46%, which is far higher than the US average of 8.27%. This indicates that homes in Ripley have increased in value faster than most places across the country and this could be an attractive area for people looking to invest in property or buy a home.
The median home cost in Ripley is $184,200. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Ripley is up 20.6%.
Average Age of Homes
- The median age of Ripley real estate is 38 years old
The Rental Market in Ripley
- Renters make up 11.6% of the Ripley population
- 0.0% of houses and apartments in Ripley, 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.