Zip 04287 (Bowdoin, ME) Housing


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Housing in 04287 Bowdoin, ME is a great option for homebuyers looking for a reliable and affordable investment. The median value of housing in this area is $329,800, slightly lower than the US house median value of $338,100. However, what makes the 04287 Bowdoin area stand out is its appreciation rate; it is 14.68%, more than double the national average of 8.27%. This means that those who invest in property here can expect returns to be higher than most other areas in the United States. With both affordability and appreciation potential as strong indicators of potential success, 04287 Bowdoin should be considered a great choice when searching for an ideal property investment.

The median home cost in Bowdoin (zip 04287) is $329,800. Home appreciation the last 10 years has been 96.2%. Home Appreciation in Bowdoin (zip 04287) is up 20.0%.

Average Age of Homes
- The median age of Bowdoin (zip 04287) real estate is 34 years old
The Rental Market in Bowdoin (zip 04287)
- Renters make up 12.6% of the Bowdoin (zip 04287) population
- 0.0% of houses and apartments in Bowdoin (zip 04287), 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

  HousingBowdoin, MaineUnited States
  1,370.0139,647,020.0
  3242
  $329,800$338,100
  20.0%16.6%
  78.7%57.0%
  96.2%101.1%
  $11.32$10.98
  $2,617$2,690
  92.4%57.4%
  1.0%11.2%
  6.6%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  0.0%3.6%
  1.0%4.1%
  Value of Owner-Occupied Housing
  0.0%2.6%
  6.6%2.4%
  1.4%2.8%
  1.2%3.9%
  4.2%4.5%
  2.3%11.3%
  15.0%13.0%
  52.4%20.1%
  10.7%13.6%
  6.2%8.3%
  0.0%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%
  15.0%13.6%
  15.0%13.6%
  23.4%13.6%
  28.5%13.2%
  10.9%14.8%
  23.4%13.6%
  5.5%10.0%
  0.9%4.7%
  3.7%12.2%

Commute