The housing market in Biddeford, ME is thriving! The median value of a house in the area is $404,700 which is 20% higher than the national median value of $338,100. The US housing market has appreciated by 8.27% in the past year however Biddeford has seen an even larger appreciation at 12.21%. This impressive house growth makes Biddeford a desirable location for potential homeowners looking to invest.
The median home cost in Biddeford is $404,700. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Biddeford is up 16.2%.
Average Age of Homes
- The median age of Biddeford real estate is 69 years old
The Rental Market in Biddeford
- Renters make up 44.7% of the Biddeford population
- 1.2% of houses and apartments in Biddeford, 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.