Searsport, ME has an impressive housing market with a median value of $275,100, which is significantly lower than the US house median value of $338,100. This affordability is likely a contributing factor to the higher than average 1 year house appreciation of 16.46%, compared to the US average of 8.27%. The growing house prices in Searsport indicate that it is an attractive place for potential homebuyers looking for an affordable yet appreciating property market.
The median home cost in Searsport is $275,100. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Searsport is up 20.6%.
Average Age of Homes
- The median age of Searsport real estate is 36 years old
The Rental Market in Searsport
- Renters make up 25.1% of the Searsport population
- 6.9% of houses and apartments in Searsport, 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.