Fayette, ME is a small town with a housing median value of $300,000. This is significantly lower than the US House Median Value of $338,100, yet it has experienced a higher 1 year house appreciation rate at 16.46%, compared to 8.27% for the national average. This indicates that Fayette, ME is an attractive market for potential home buyers and investors alike. With its lower median value and higher appreciation rate, Fayette may be considered a wise investment decision in the near future.
The median home cost in Fayette is $300,000. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Fayette is up 20.6%.
Average Age of Homes
- The median age of Fayette real estate is 36 years old
The Rental Market in Fayette
- Renters make up 4.4% of the Fayette population
- 0.0% of houses and apartments in Fayette, 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.