The housing market in Chesterville, ME is heating up. The median value of homes in Chesterville is $216,100 which is significantly lower than the US House Median Value of $338,100. While the US 1 year House Appreciation rate was 8.27%, in Chesterville it was a much higher rate at 16.46%. This indicates that the housing market in Chesterville is a favorable one and people looking to buy a home would benefit from investing now as prices are likely to appreciate quickly in the near future.
The median home cost in Chesterville is $216,100. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Chesterville is up 20.6%.
Average Age of Homes
- The median age of Chesterville real estate is 39 years old
The Rental Market in Chesterville
- Renters make up 8.8% of the Chesterville population
- 0.0% of houses and apartments in Chesterville, 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.