Southwest Harbor, ME is a desirable place to live due to its high median housing value of $509,500. This is significantly higher than the US median housing value of $338,100. Furthermore, the 1 year appreciation rate in Southwest Harbor is 16.46%, which is more than double the national 1 year appreciation rate of 8.27%. This demonstrates that housing values are on an upward trend in Southwest Harbor, making it an attractive location to purchase a home.
The median home cost in Southwest Harbor is $509,500. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Southwest Harbor is up 20.6%.
Average Age of Homes
- The median age of Southwest Harbor real estate is 47 years old
The Rental Market in Southwest Harbor
- Renters make up 25.0% of the Southwest Harbor population
- 0.0% of houses and apartments in Southwest Harbor, 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.