Randolph, ME is a small community situated in eastern Maine. It offers affordable housing options and has seen an impressive increase in home appreciation over the past year. The median value of homes in Randolph is currently $217,600, significantly lower than the US median house value of $338,100. However, the 1 year house appreciation rate for Randolph stands at 16.46%, much higher than the 8.27% national average. These figures demonstrate that Randolph is an attractive place to consider investing in real estate and can be a great option for those looking for an affordable home with potential for long-term growth prospects.
The median home cost in Randolph is $217,600. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Randolph is up 20.6%.
Average Age of Homes
- The median age of Randolph real estate is 52 years old
The Rental Market in Randolph
- Renters make up 26.8% of the Randolph population
- 1.2% of houses and apartments in Randolph, 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.