Housing in Passadumkeag, ME is more affordable than the US median value, at $116,000 according to recent assessments. In the past year, housing in Passadumkeag has had a higher appreciation rate than the US average of 8.27%, with an appreciation rate of 15.28%. This suggests that buying a house in Passadumkeag right now could be a smart investment for the future. With prices already relatively low and an above-average rate of appreciation, looking to buy a house in Passadumkeag could lead to greater returns on investment in coming years.
The median home cost in Passadumkeag is $116,000. Home appreciation the last 10 years has been 79.9%. Home Appreciation in Passadumkeag is up 19.0%.
Average Age of Homes
- The median age of Passadumkeag real estate is 42 years old
The Rental Market in Passadumkeag
- Renters make up 19.6% of the Passadumkeag population
- 1.2% of houses and apartments in Passadumkeag, 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.