The housing market in Tremont, ME is a thriving one. The median value of homes in Tremont is currently $401,200, which is significantly higher than the US House Median Value of $338,100. Additionally, the US 1 year House Appreciation rate is 8.27%, while the House 1 year appreciation rate in Tremont is 16.46%. This speaks to the fact that housing prices are appreciating significantly faster in Tremont than nationally and that there are great opportunities for potential buyers and investors looking to purchase in the area.
The median home cost in Tremont is $401,200. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Tremont is up 20.6%.
Average Age of Homes
- The median age of Tremont real estate is 35 years old
The Rental Market in Tremont
- Renters make up 16.8% of the Tremont population
- 0.0% of houses and apartments in Tremont, 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.