The housing market in Fort Kent, ME is thriving, with a median value of $196,200. This is significantly lower than the US median value of $338,100, yet the one year house appreciation rate in Fort Kent is 16.46%, much higher than the US rate of 8.27%. This shows that home values in Fort Kent are increasing rapidly and the area is a great place to invest in real estate.
The median home cost in Fort Kent is $196,200. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Fort Kent is up 20.6%.
Average Age of Homes
- The median age of Fort Kent real estate is 40 years old
The Rental Market in Fort Kent
- Renters make up 27.5% of the Fort Kent population
- 2.4% of houses and apartments in Fort Kent, 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.