The housing market in Stockholm, ME is thriving compared to the national average. The median value for a house in Stockholm is $120,700, while the US median house value is $338,100. Further, the 1 year appreciation rate for houses in Stockholm was 16.46%, which was more than double the US rate at 8.27%. This indicates that there is a strong demand for housing in Stockholm and the prices are rising rapidly to meet this demand. As such, people looking to purchase a home or invest in real estate should strongly consider Stockholm as an option.
The median home cost in Stockholm is $120,700. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Stockholm is up 20.6%.
Average Age of Homes
- The median age of Stockholm real estate is 70 years old
The Rental Market in Stockholm
- Renters make up 13.2% of the Stockholm population
- 3.0% of houses and apartments in Stockholm, 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.