The housing market in Meddybemps, ME is growing rapidly with the median house value being $266,900, while the national median value is much higher at $338,100. Over the past year, appreciation for homes in Meddybemps has been very strong, with a rate of 16.46%, which is significantly higher than the national rate of 8.27%. This indicates that home values are increasing at a rapid pace and that now is an excellent time to buy real estate in Meddybemps.
The median home cost in Meddybemps is $266,900. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Meddybemps is up 20.6%.
Average Age of Homes
- The median age of Meddybemps real estate is 40 years old
The Rental Market in Meddybemps
- Renters make up 1.8% of the Meddybemps population
- 0.0% of houses and apartments in Meddybemps, 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.