The housing market in Presque Isle, ME is booming. The median value of all homes in the city is $155,800, significantly lower than the national average of $338,100. In the past year alone house values have appreciated by an impressive 16.46%, far outpacing the 8.27% appreciation rate nationwide. This makes Presque Isle a great option for both first time buyers and investors alike looking for a strong return on their investment.
The median home cost in Presque Isle is $155,800. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Presque Isle is up 20.6%.
Average Age of Homes
- The median age of Presque Isle real estate is 55 years old
The Rental Market in Presque Isle
- Renters make up 39.3% of the Presque Isle population
- 0.2% of houses and apartments in Presque Isle, 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.