Lewiston, ME is an amazing place to purchase a home. The median value of housing in Lewiston is $246,500, which is significantly lower than the US House Median Value of $338,100. Despite this lower price point, the appreciation rate for homes in Lewiston over the last year was 14.68%, which is higher than the US 1 year House Appreciation of 8.27%. This makes Lewiston an attractive place to invest in real estate and buyers can expect good returns on their investment over time.
The median home cost in Lewiston is $246,500. Home appreciation the last 10 years has been 96.2%. Home Appreciation in Lewiston is up 20.0%.
Average Age of Homes
- The median age of Lewiston real estate is 63 years old
The Rental Market in Lewiston
- Renters make up 48.4% of the Lewiston population
- 0.5% of houses and apartments in Lewiston, 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.