Alfred, ME is a great place to invest in real estate with a median value of $395,000. This is much higher than the US median value of $338,100. The one year house appreciation rate is also impressive at 12.21%, which is well above the national average of 8.27%. With such positive market indicators and excellent value for money, Alfred should be an attractive option for prospective buyers looking to invest in real estate.
The median home cost in Alfred (zip 04002) is $395,000. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Alfred (zip 04002) is up 16.2%.
Average Age of Homes
- The median age of Alfred (zip 04002) real estate is 33 years old
The Rental Market in Alfred (zip 04002)
- Renters make up 9.4% of the Alfred (zip 04002) population
- 0.0% of houses and apartments in Alfred (zip 04002), 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.