Newburgh, ME is a great place to live, with the median value of housing at $275,400. This is significantly lower than the US House Median Value of $338,100, making it an affordable option for many people. Furthermore, Newburgh has seen an impressive 15.28% increase in house appreciation over the last year, far surpassing the US 1 year House Appreciation rate of 8.27%. This indicates a strong market and investment potential in Newburgh and makes it an ideal place to consider when looking for a home.
The median home cost in Newburgh is $275,400. Home appreciation the last 10 years has been 79.9%. Home Appreciation in Newburgh is up 19.0%.
Average Age of Homes
- The median age of Newburgh real estate is 36 years old
The Rental Market in Newburgh
- Renters make up 17.4% of the Newburgh population
- 0.0% of houses and apartments in Newburgh, 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.