Rangeley, ME is an area that has seen a lot of growth in the housing market over the past year. The median value of housing in 04970 Rangeley is $334,500, which is lower than the US median home value of $338,100. Despite being lower than the national average, 04970 Rangeley houses appreciated more drastically over the year with a rate of 16.46%. This rate was more than double the US house appreciation rate of 8.27%, which shows how much demand there is for homes in this area. With such an impressive appreciation rate and many amenities to offer, it's no wonder why so many people are looking to purchase property here.
The median home cost in Rangeley (zip 04970) is $334,500. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Rangeley (zip 04970) is up 20.6%.
Average Age of Homes
- The median age of Rangeley (zip 04970) real estate is 37 years old
The Rental Market in Rangeley (zip 04970)
- Renters make up 4.4% of the Rangeley (zip 04970) population
- 0.0% of houses and apartments in Rangeley (zip 04970), 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.