Housing in Hiram, ME is quite valuable and has been growing rapidly. The median value of houses in the area is $273,800, which is significantly lower than the US median value of $338,100. However, the 1-year house appreciation rate in Hiram is 12.21%, much higher than the US average of 8.27%. This suggests that home values have been climbing steadily and quickly in this area over the past year, making it a desirable place to buy a house.
The median home cost in Hiram is $273,800. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Hiram is up 16.2%.
Average Age of Homes
- The median age of Hiram real estate is 43 years old
The Rental Market in Hiram
- Renters make up 7.9% of the Hiram population
- 1.7% of houses and apartments in Hiram, 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.