Carmel, ME (04419) is an attractive destination for homebuyers due to its relatively low median housing value of $266,400. This is significantly lower than the US median house value of $338,100 and makes it a great opportunity for budget-conscious buyers looking to maximize their spending power. Furthermore, the 1 year house appreciation rate in Carmel is 15.28%, compared to 8.27% nationally, which highlights an even stronger potential for profit and return on investment within this market.
The median home cost in Carmel (zip 04419) is $266,400. Home appreciation the last 10 years has been 79.9%. Home Appreciation in Carmel (zip 04419) is up 19.0%.
Average Age of Homes
- The median age of Carmel (zip 04419) real estate is 33 years old
The Rental Market in Carmel (zip 04419)
- Renters make up 12.7% of the Carmel (zip 04419) population
- 0.0% of houses and apartments in Carmel (zip 04419), 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.