The housing market in Prospect, ME is booming! The median value of homes in Prospect is $237,600, which is significantly less than the US median value of homes at $338,100. However, home appreciation has been much higher in Prospect than the national average over the past year - a whopping 16.46% compared to 8.27% nationwide. This indicates that Prospect is an attractive place for homeowners and investors alike and provides great potential for those looking to purchase or invest in property.
The median home cost in Prospect is $237,600. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Prospect is up 20.6%.
Average Age of Homes
- The median age of Prospect real estate is 32 years old
The Rental Market in Prospect
- Renters make up 8.4% of the Prospect population
- 0.0% of houses and apartments in Prospect, 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.