New Vineyard, ME has seen a large increase in housing median value over the past year, with a 16.46% house appreciation compared to the US' 8.27%. This has resulted in a median housing value of $196,300, which is significantly lower than the US average of $338,100. As such, New Vineyard provides an attractive option for homeowners looking for affordable housing options without sacrificing on quality.
The median home cost in New Vineyard is $196,300. Home appreciation the last 10 years has been 82.1%. Home Appreciation in New Vineyard is up 20.6%.
Average Age of Homes
- The median age of New Vineyard real estate is 34 years old
The Rental Market in New Vineyard
- Renters make up 6.7% of the New Vineyard population
- 1.3% of houses and apartments in New Vineyard, 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.