Merrill, ME is a great area for housing investments. The median value of homes in Merrill, ME is $142,800, which is significantly lower than the national median value of $338,100. Over the past year, home values have appreciated by 16.46% in Merrill, ME compared to 8.27% nationally. This is an excellent opportunity for anyone looking to invest in real estate in this area as they can expect to see a strong return on their investment.
The median home cost in Merrill is $142,800. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Merrill is up 20.6%.
Average Age of Homes
- The median age of Merrill real estate is 34 years old
The Rental Market in Merrill
- Renters make up 14.9% of the Merrill population
- 0.0% of houses and apartments in Merrill, 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.