Zip 03901 (Berwick, ME) Housing

The housing market in 03901 Berwick, ME is a strong one. The median value for a house in the area is $404,400, which is higher than the US House Median Value of $338,100. Moreover, the house price appreciation rate in Berwick over the past year has been 8.52%, higher than the US 1 year House Appreciation rate of 8.27%. This indicates that property values are continuing to appreciate at a healthy rate and investors and homeowners alike can be confident that their investments will remain stable or increase in value over time.

The median home cost in Berwick (zip 03901) is $404,400. Home appreciation the last 10 years has been 91.7%. Home Appreciation in Berwick (zip 03901) is up 18.1%.

Average Age of Homes

- The median age of Berwick (zip 03901) real estate is 34 years old

The Rental Market in Berwick (zip 03901)

- Renters make up 14.8% of the Berwick (zip 03901) population
- 0.0% of houses and apartments in Berwick (zip 03901), 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	Berwick, Maine	United States
	3,765.0	139,647,020.0
	31	42
	$404,400	$338,100
	18.1%	16.6%
	63.7%	57.0%
	91.7%	101.1%
	$14.63	$10.98
	$3,815	$2,690
	75.5%	57.4%
	9.7%	11.2%
	14.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	3.3%	0.7%
	0.0%	0.4%
	1.2%	3.6%
	5.2%	4.1%
Value of Owner-Occupied Housing
	3.1%	2.6%
	3.7%	2.4%
	3.2%	2.8%
	0.0%	3.9%
	3.2%	4.5%
	5.9%	11.3%
	11.6%	13.0%
	34.2%	20.1%
	27.6%	13.6%
	6.0%	8.3%
	1.3%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	27.9%	13.6%
	27.9%	13.6%
	14.2%	13.6%
	16.5%	13.2%
	8.2%	14.8%
	14.2%	13.6%
	3.5%	10.0%
	1.0%	4.7%
	15.8%	12.2%

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