Washington, ME is a great place to buy a home with its median value of $286,200 being much lower than the US median house value of $338,100. Furthermore, the housing market in Washington has seen much higher appreciation over the last year with an increase of 16.46% compared to the US average of 8.27%. This makes it an attractive option for those who are looking to invest in real estate and take advantage of this strong trend while prices remain relatively low.
The median home cost in Washington is $286,200. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Washington is up 20.6%.
Average Age of Homes
- The median age of Washington real estate is 35 years old
The Rental Market in Washington
- Renters make up 12.2% of the Washington population
- 1.4% of houses and apartments in Washington, 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.