Mount Desert, ME is known for its stunning natural beauty and views of the Atlantic Ocean, making it a desirable location to live. The housing median value in Mount Desert is substantially higher than the overall US house median value at $817,800 compared to $338,100. Additionally, the house appreciation for this area was much higher than the US 1 year house appreciation at 16.46% versus 8.27%. This is further evidence that living in Mount Desert offers a great real estate investment opportunity.
The median home cost in Mount Desert is $817,800. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Mount Desert is up 20.6%.
Average Age of Homes
- The median age of Mount Desert real estate is 51 years old
The Rental Market in Mount Desert
- Renters make up 11.3% of the Mount Desert population
- 0.7% of houses and apartments in Mount Desert, 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.