Augusta-Waterville Metro Area, ME Housing

The housing market in the Augusta-Waterville, ME Metro Area is quite strong. The median value of homes in the area is $274,300, significantly lower than the US median of $338,100. However, this past year saw tremendous appreciation with a 1 year house appreciation of 16.46%, more than double the US 1 year House Appreciation of 8.27%. This suggests that Augusta-Waterville is a reliable and increasingly desirable place to buy a home.

The median home cost in Augusta-Waterville Metro Area is $274,300. Home appreciation the last 10 years has been 82.7%. Home Appreciation in Augusta-Waterville Metro Area is up 20.6%.

Average Age of Homes

- The median age of Augusta-Waterville Metro Area real estate is 44 years old

The Rental Market in Augusta-Waterville Metro Area

- Renters make up 24.9% of the Augusta-Waterville Metro Area population
- 0.8% of houses and apartments in Augusta-Waterville Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Augusta-Waterville, Maine	United States
	62,538.0	139,647,020.0
	46	42
	$274,300	$338,100
	20.6%	16.6%
	71.7%	57.0%
	82.7%	101.1%
	$13.56	$10.98
	$2,307	$2,690
	60.5%	57.4%
	15.6%	11.2%
	23.9%	31.4%
Vacant Housing
	0.8%	1.9%
	0.1%	0.4%
	0.7%	0.7%
	0.4%	0.4%
	9.9%	3.6%
	3.6%	4.1%
Value of Owner-Occupied Housing
	2.9%	2.6%
	3.3%	2.4%
	2.8%	2.8%
	4.4%	3.9%
	6.6%	4.5%
	19.8%	11.3%
	21.7%	13.0%
	24.2%	20.1%
	8.7%	13.6%
	2.3%	8.3%
	2.2%	9.7%
	0.6%	3.9%
	0.4%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	11.6%	13.6%
	11.6%	13.6%
	11.3%	13.6%
	14.3%	13.2%
	15.8%	14.8%
	11.3%	13.6%
	7.5%	10.0%
	5.1%	4.7%
	22.2%	12.2%

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