The housing in Durham, ME is significantly higher than the US average, with a median value of $392,100 compared to the US median value of $338,100. Additionally, the appreciation rate for homes in Durham has been much higher than the national rate over the last year at 14.68%, compared to 8.27% nationally. This suggests that housing in Durham is becoming increasingly valuable over time as demand increases and could be an attractive option for property buyers.
The median home cost in Durham is $392,100. Home appreciation the last 10 years has been 96.2%. Home Appreciation in Durham is up 20.0%.
Average Age of Homes
- The median age of Durham real estate is 31 years old
The Rental Market in Durham
- Renters make up 6.2% of the Durham population
- 0.0% of houses and apartments in Durham, 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.