Chebeague Island, ME is an area that has seen a lot of growth in the housing market recently. The median value of houses there is currently $541,200, which is significantly higher than the US median house value of $338,100. This represents an impressive 12.21% increase in house values over just one year - much higher than the 8.27% average national appreciation rate. With such strong recent performance in its housing market, Chebeague Island looks to be a great place for potential homebuyers to consider.
The median home cost in Chebeague Island is $541,200. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Chebeague Island is up 16.2%.
Average Age of Homes
- The median age of Chebeague Island real estate is 78 years old
The Rental Market in Chebeague Island
- Renters make up 7.3% of the Chebeague Island population
- 0.0% of houses and apartments in Chebeague Island, 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.