The housing market in 04417 Burlington, ME is doing better than the national average. According to the data, the median value of homes in 04417 Burlington is $156,500, which is significantly lower than the US median value of $338,100. Additionally, over the past year appreciation rates have been higher in Burlington at 15.28% compared to 8.27% nationally. This indicates that there are many affordable options for people looking to purchase a home in this area and that it may be a good option for those wanting to invest in real estate.
The median home cost in Burlington (zip 04417) is $156,500. Home appreciation the last 10 years has been 79.9%. Home Appreciation in Burlington (zip 04417) is up 19.0%.
Average Age of Homes
- The median age of Burlington (zip 04417) real estate is 36 years old
The Rental Market in Burlington (zip 04417)
- Renters make up 3.8% of the Burlington (zip 04417) population
- 0.0% of houses and apartments in Burlington (zip 04417), 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.