The housing market in Bridgton, ME is thriving; the median value of its homes is a healthy $363,200 which is significantly higher than the US median value of $338,100. Furthermore, over the past year, house appreciation in Bridgton has been 12.21%, higher than the national average of 8.27%. This data shows that Bridgton has a strong real estate market with values growing steadily and consistently.
The median home cost in Bridgton is $363,200. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Bridgton is up 16.2%.
Average Age of Homes
- The median age of Bridgton real estate is 42 years old
The Rental Market in Bridgton
- Renters make up 16.4% of the Bridgton population
- 1.0% of houses and apartments in Bridgton, 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.