The housing market in Bethel, ME is thriving. The median value of homes in the area is $365,700, which is higher than the US median value of $338,100. In addition, the one-year house appreciation rate in Bethel is 14.68%, which is significantly higher than the national average of 8.27%. This suggests that investors and homeowners are finding great success with housing in Bethel. It appears to be a great place to invest or settle down as prices continue to rise and appreciate over time.
The median home cost in Bethel is $365,700. Home appreciation the last 10 years has been 96.2%. Home Appreciation in Bethel is up 20.0%.
Average Age of Homes
- The median age of Bethel real estate is 35 years old
The Rental Market in Bethel
- Renters make up 8.8% of the Bethel population
- 3.4% of houses and apartments in Bethel, 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.