Housing in Alton, ME is on the rise and is outpacing the nation's median value. The median value of homes in Alton, ME was $222,200, which is significantly lower than the US median value of $338,100. However, over the past year house appreciation in Alton has been 15.28%, compared to 8.27% for the US as a whole; indicating that housing values are increasing at a faster rate in Alton than across the country. This could be due to a combination of factors including population growth and increased investment in the area.
The median home cost in Alton is $222,200. Home appreciation the last 10 years has been 79.9%. Home Appreciation in Alton is up 19.0%.
Average Age of Homes
- The median age of Alton real estate is 25 years old
The Rental Market in Alton
- Renters make up 19.0% of the Alton population
- 0.0% of houses and apartments in Alton, 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.