Bangor, ME is a great place to live with an attractive housing market. The median value of homes in Bangor is $237,200, which is much lower than the US median value of $338,100. Over the last year, the appreciation rate of homes in Bangor has been 15.28%, which is significantly higher than the US average of 8.27%. This means that those looking to buy a home in Bangor will get more bang for their buck and may see a profitable investment over time.
The median home cost in Bangor is $237,200. Home appreciation the last 10 years has been 79.9%. Home Appreciation in Bangor is up 19.0%.
Average Age of Homes
- The median age of Bangor real estate is 61 years old
The Rental Market in Bangor
- Renters make up 50.6% of the Bangor population
- 3.8% of houses and apartments in Bangor, 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.