The housing market in Abbot, ME is booming. The median value of homes in the area is $186,000, significantly lower than the US median value of $338,100. This makes it an attractive option for buyers who would like to save on cost. The 1 year house appreciation in Abbot has been 15.28%, higher than the US average of 8.27%. This ensures that home values do not depreciate over time and are likely to increase with time, making it an ideal investment opportunity for those looking to buy into the housing market in Abbot.
The median home cost in Abbot is $186,000. Home appreciation the last 10 years has been 79.9%. Home Appreciation in Abbot is up 19.0%.
Average Age of Homes
- The median age of Abbot real estate is 43 years old
The Rental Market in Abbot
- Renters make up 6.6% of the Abbot population
- 0.0% of houses and apartments in Abbot, 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.