\nThe housing market in Brooks, ME is booming. The median value of a house in the area is currently $225,000, significantly lower than the US median of $338,100. However, this discrepancy is more than made up for by the appreciation rate - at 16.46%, it is far higher than the US average of 8.27%. With this high rate of growth, investment in the region's housing has become increasingly attractive; with homeowners and buyers alike able to benefit from returns on their investments.
The median home cost in Brooks is $225,000. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Brooks is up 20.6%.
Average Age of Homes
- The median age of Brooks real estate is 40 years old
The Rental Market in Brooks
- Renters make up 30.1% of the Brooks population
- 1.5% of houses and apartments in Brooks, 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.