Housing in Montville, ME is a great investment as the median value is significantly lower than the US house median value at $231,700 and the 1 year house appreciation rate is much higher at 16.46%, compared to the US house appreciation rate of 8.27%. It is a wise decision for anyone considering investing in real estate in this area to take advantage of the lower initial cost and increased potential for growth. The housing market of Montville, ME has a lot of potential for those looking to invest or buy into this community.
The median home cost in Montville is $231,700. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Montville is up 20.6%.
Average Age of Homes
- The median age of Montville real estate is 32 years old
The Rental Market in Montville
- Renters make up 7.2% of the Montville population
- 0.0% of houses and apartments in Montville, 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.