The housing market in Medway, ME is much more affordable than the US average at a median value of $106,500. Furthermore, it has experienced a dramatic appreciation rate of 15.28% over the last year compared to the US average of 8.27%. This makes Medway an ideal place for those looking for an affordable and growing housing market.
The median home cost in Medway is $106,500. Home appreciation the last 10 years has been 79.9%. Home Appreciation in Medway is up 19.0%.
Average Age of Homes
- The median age of Medway real estate is 39 years old
The Rental Market in Medway
- Renters make up 10.9% of the Medway population
- 0.0% of houses and apartments in Medway, 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.