The housing market in Bremen, ME is quite strong. The median value of a house in Bremen is $418,300, which is significantly higher than the US median value of $338,100. In addition, the 1 year house appreciation rate for Bremen was 16.46%, compared to the US which saw an appreciation rate of 8.27%. This shows that homes in Bremen have been increasing in value at a much faster rate than other parts of the country, making it an attractive investment opportunity for potential buyers.
The median home cost in Bremen is $418,300. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Bremen is up 20.6%.
Average Age of Homes
- The median age of Bremen real estate is 45 years old
The Rental Market in Bremen
- Renters make up 2.4% of the Bremen population
- 0.0% of houses and apartments in Bremen, 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.