Deer Isle, ME is an attractive area to buy a home with its median house value coming in at $319,800 which is lower than the national median of $338,100. Not only do you get more bang for your buck here but you also benefit from higher appreciation over the past year with a 16.46% increase compared to the 8.27% national average. This makes Deer Isle an ideal location for both first time buyers and investors alike looking to capitalize on this market.
The median home cost in Deer Isle is $319,800. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Deer Isle is up 20.6%.
Average Age of Homes
- The median age of Deer Isle real estate is 40 years old
The Rental Market in Deer Isle
- Renters make up 12.3% of the Deer Isle population
- 0.7% of houses and apartments in Deer Isle, 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.