South Bristol, ME is a great place to invest in housing. The median value of a house in South Bristol is significantly higher than the US median, at $531,800 compared to $338,100. On top of that, the appreciation rate for houses in South Bristol over the past year has been much higher than the US average of 8.27%, coming in at an impressive 16.46%. This makes South Bristol an attractive option for investors looking to get the most out of their investment.
The median home cost in South Bristol is $531,800. Home appreciation the last 10 years has been 82.1%. Home Appreciation in South Bristol is up 20.6%.
Average Age of Homes
- The median age of South Bristol real estate is 42 years old
The Rental Market in South Bristol
- Renters make up 6.6% of the South Bristol population
- 0.9% of houses and apartments in South Bristol, 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.