Blue Hill, ME is an attractive housing market due to its higher median value and appreciation rate compared to the national average. The current median value of $407,700 is significantly higher than the US House Median Value of $338,100. Additionally, house appreciation in Blue Hill, ME is 16.46%, which is more than double the US 1 year House Appreciation of 8.27%. Therefore, it can be seen that investing in real estate in Blue Hill, ME could yield attractive returns for investors over time.
The median home cost in Blue Hill is $407,700. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Blue Hill is up 20.6%.
Average Age of Homes
- The median age of Blue Hill real estate is 39 years old
The Rental Market in Blue Hill
- Renters make up 19.4% of the Blue Hill population
- 0.0% of houses and apartments in Blue Hill, 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.