The housing market in Southport, ME is thriving! With a median value of $578,000, the town's housing values are well above the US median of $338,100. What's even more impressive is that the one-year house appreciation rate in Southport is 16.46%, more than double the US national average of 8.27%. This shows that Southport's housing market is incredibly strong and could be an excellent investment opportunity for those looking to purchase property in the area.
The median home cost in Southport is $578,000. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Southport is up 20.6%.
Average Age of Homes
- The median age of Southport real estate is 53 years old
The Rental Market in Southport
- Renters make up 6.9% of the Southport population
- 0.3% of houses and apartments in Southport, 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.