Edinburg, ME is a great place to invest in housing. The median value of a house in Edinburg is $187,600, which is significantly lower than the US median value of $338,100. This makes it an attractive option for potential homeowners. In addition, the 1 year appreciation rate of houses in Edinburg is 15.28%, far higher than the US average of 8.27%. This means that housing in Edinburg has been increasing in value more rapidly than other parts of the country, making it an ideal investment opportunity as well as a great place to live.
The median home cost in Edinburg is $187,600. Home appreciation the last 10 years has been 79.9%. Home Appreciation in Edinburg is up 19.0%.
Average Age of Homes
- The median age of Edinburg real estate is 36 years old
The Rental Market in Edinburg
- Renters make up 8.2% of the Edinburg population
- 2.4% of houses and apartments in Edinburg, 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.