The housing market in 04538 Boothbay Harbor, ME has appreciated significantly over the last year. The median value of homes in this area is $445,500, which is much higher than the US house median value of $338,100. This area has experienced an impressive 16.46% appreciation rate in the past twelve months alone, which is more than double the national rate of 8.27%. This makes it a great time to invest in property here as a result of its high appreciation and low median cost.
The median home cost in Boothbay Harbor (zip 04538) is $445,500. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Boothbay Harbor (zip 04538) is up 20.6%.
Average Age of Homes
- The median age of Boothbay Harbor (zip 04538) real estate is 58 years old
The Rental Market in Boothbay Harbor (zip 04538)
- Renters make up 15.2% of the Boothbay Harbor (zip 04538) population
- 1.6% of houses and apartments in Boothbay Harbor (zip 04538), 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.