Old Orchard Beach, ME has a median housing value of $417,400, which is much higher than the national median housing value of $338,100. In the past year, there has been an appreciation of 8.27% in the national housing market and an even higher appreciation of 12.21% in Old Orchard Beach's housing market. This significant appreciation shows that Old Orchard Beach is becoming a more desirable place to live and invest in property.
The median home cost in Old Orchard Beach is $417,400. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Old Orchard Beach is up 16.2%.
Average Age of Homes
- The median age of Old Orchard Beach real estate is 37 years old
The Rental Market in Old Orchard Beach
- Renters make up 25.9% of the Old Orchard Beach population
- 1.6% of houses and apartments in Old Orchard Beach, 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.