The housing market in 04551 Bremen, ME is quite robust. The median value of housing in the area is currently $436,600, which is significantly higher than the US median house value of $338,100. In addition to that, the 1 year appreciation rate of housing in 04551 Bremen, ME is 16.46%, which is much higher than the US average of 8.27%. This suggests that there are strong market forces driving up prices in the area. With such a high housing median value, potential buyers should be sure to research the 04551 Bremen, ME area before making any decisions about buying property there.
The median home cost in Bremen (zip 04551) is $436,600. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Bremen (zip 04551) is up 20.6%.
Average Age of Homes
- The median age of Bremen (zip 04551) real estate is 45 years old
The Rental Market in Bremen (zip 04551)
- Renters make up 2.4% of the Bremen (zip 04551) population
- 0.0% of houses and apartments in Bremen (zip 04551), 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.