Manchester, ME is a wonderful place to live and is a great investment. The housing median value in Manchester, ME is $336,600 which is slightly lower than the U.S. housing median value of $338,100. However, the one year house appreciation rate for Manchester, ME is higher than the national average at 16.46%, compared to 8.27%. This makes property in Manchester a great investment as it appreciates at a faster rate than the rest of the country.
The median home cost in Manchester is $336,600. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Manchester is up 20.6%.
Average Age of Homes
- The median age of Manchester real estate is 39 years old
The Rental Market in Manchester
- Renters make up 14.6% of the Manchester population
- 0.0% of houses and apartments in Manchester, 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.