Zip 03902 (Cape Neddick, ME) Housing

Cape Neddick, ME (03902) has a median housing value of $636,600 which is much higher than the US median value of $338,100. The US housing appreciation rate over the past year is 8.27%, but in Cape Neddick it is slightly higher at 8.52%. This indicates that the demand for housing in Cape Neddick is relatively high and could represent an ideal investment opportunity. It also indicates that those already living in the area have seen considerable increases in their home values in recent years.

The median home cost in Cape Neddick (zip 03902) is $636,600. Home appreciation the last 10 years has been 91.7%. Home Appreciation in Cape Neddick (zip 03902) is up 18.1%.

Average Age of Homes

- The median age of Cape Neddick (zip 03902) real estate is 39 years old

The Rental Market in Cape Neddick (zip 03902)

- Renters make up 15.6% of the Cape Neddick (zip 03902) population
- 6.4% of houses and apartments in Cape Neddick (zip 03902), 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	Cape Neddick, Maine	United States
	1,396.0	139,647,020.0
	46	42
	$636,600	$338,100
	18.1%	16.6%
	63.7%	57.0%
	91.7%	101.1%
	$11.95	$10.98
	$3,613	$2,690
	54.7%	57.4%
	32.6%	11.2%
	12.7%	31.4%
Vacant Housing
	6.4%	1.9%
	0.0%	0.4%
	0.9%	0.7%
	3.2%	0.4%
	17.7%	3.6%
	4.4%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	7.2%	11.3%
	3.5%	13.0%
	7.1%	20.1%
	28.5%	13.6%
	18.8%	8.3%
	21.1%	9.7%
	3.9%	3.9%
	0.0%	2.2%
	2.6%	0.8%
	7.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.2%	13.6%
	11.2%	13.6%
	8.5%	13.6%
	3.4%	13.2%
	28.4%	14.8%
	8.5%	13.6%
	10.7%	10.0%
	7.7%	4.7%
	14.3%	12.2%

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