Waterford, ME is a great place to live and invest in real estate. According to recent data, the median value of housing in Waterford stands at $292,800 - much lower than the US house median value of $338,100. This gives homeowners and potential buyers an advantage when it comes to affordability. In addition, the 1 year house appreciation rate in Waterford has been 12.27%, significantly higher than the US 1 year house appreciation rate at 8.27%. This indicates that investing in housing in Waterford can be a good option for those looking to make a return on their investment.
The median home cost in Waterford is $292,800. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Waterford is up 16.3%.
Average Age of Homes
- The median age of Waterford real estate is 36 years old
The Rental Market in Waterford
- Renters make up 8.6% of the Waterford population
- 0.8% of houses and apartments in Waterford, 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.