Burnham, ME (04922) is a small town with a population of 1,270 and an impressive housing market. The median value for homes in Burnham is $206,300, which is significantly lower than the US median value of $338,100. Despite this difference in price, the appreciation rate for homes in Burnham has been higher than the national average over the past year. Home values have increased 16.46%, more than double the 8.27% appreciation rate across the United States. This trend suggests that the housing market in Burnham is very strong and could be a great investment opportunity for prospective homeowners.
The median home cost in Burnham (zip 04922) is $206,300. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Burnham (zip 04922) is up 20.6%.
Average Age of Homes
- The median age of Burnham (zip 04922) real estate is 38 years old
The Rental Market in Burnham (zip 04922)
- Renters make up 12.3% of the Burnham (zip 04922) population
- 0.0% of houses and apartments in Burnham (zip 04922), 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.