Housing in Hollis, ME is a great investment. The median value of homes in the area currently stands at $356,800, which is higher than the US median home value of $338,100. This difference is further compounded by the appreciation rate of homes in Hollis, ME being 12.21%, higher than the US house appreciation rate of 8.27%. Therefore investing in real estate in Hollis provides significant potential for return on investment, with prices rising above the national average.
The median home cost in Hollis is $356,800. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Hollis is up 16.2%.
Average Age of Homes
- The median age of Hollis real estate is 35 years old
The Rental Market in Hollis
- Renters make up 13.7% of the Hollis population
- 0.0% of houses and apartments in Hollis, 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.