Milo, ME is a small rural town located in the heart of Maine. The housing median value in Milo is $118,300 which is significantly lower than the US house median value of $338,100. However, the one-year house appreciation rate for Milo has been 15.28%, compared to the US one-year house appreciation rate of 8.27%. This suggests that homes in Milo are increasing in value at a more rapid pace than homes nationally. Therefore, it could be an attractive option for potential homeowners looking to invest in real estate.
The median home cost in Milo is $118,300. Home appreciation the last 10 years has been 79.9%. Home Appreciation in Milo is up 19.0%.
Average Age of Homes
- The median age of Milo real estate is 54 years old
The Rental Market in Milo
- Renters make up 28.7% of the Milo population
- 1.2% of houses and apartments in Milo, 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.