The housing market in Augusta, ME is quite strong. The median value of homes is $236,300, which is slightly lower than the national average of $338,100. However, the rate of appreciation over the last year has been higher in Augusta than nationally; 16.46% compared to 8.27%. This suggests that the housing market in Augusta may be a good investment opportunity for those looking to purchase a home.
The median home cost in Augusta is $236,300. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Augusta is up 20.6%.
Average Age of Homes
- The median age of Augusta real estate is 55 years old
The Rental Market in Augusta
- Renters make up 41.3% of the Augusta population
- 0.2% of houses and apartments in Augusta, 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.