Monhegan, ME is a small town located off the coast of Maine. It has a population of just over 130 people, yet the median value of housing in the area is incredibly high at $838,900. This is nearly 2.5 times higher than the U.S. House median value of $338,100 and represents an impressive 16.46% one-year appreciation rate that far exceeds the national average of 8.27%. The values in Monhegan represent some of the most sought after real estate in Maine and provide an attractive opportunity for potential homebuyers interested in living near the ocean or investing in a valuable asset.
The median home cost in Monhegan Plantation is $838,900. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Monhegan Plantation is up 20.6%.
Average Age of Homes
- The median age of Monhegan Plantation real estate is 78 years old
The Rental Market in Monhegan Plantation
- Renters make up 0.0% of the Monhegan Plantation population
- 0.0% of houses and apartments in Monhegan Plantation, 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.