Zip 04929 (Detroit, ME) Housing

The housing market in 04929 Detroit, ME is thriving. The median value of homes in this area is $199,800, which is significantly lower than the US House Median Value of $338,100. However, the 1 year appreciation rate for houses in 04929 Detroit, ME is 16.46%, which is much higher than the US average of 8.27%. This suggests that the housing market in this area is growing quickly and that it may be a good opportunity to buy or invest right now.

The median home cost in Detroit (zip 04929) is $199,800. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Detroit (zip 04929) is up 20.6%.

Average Age of Homes

- The median age of Detroit (zip 04929) real estate is 36 years old

The Rental Market in Detroit (zip 04929)

- Renters make up 23.5% of the Detroit (zip 04929) population
- 0.0% of houses and apartments in Detroit (zip 04929), 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	Detroit, Maine	United States
	371.0	139,647,020.0
	37	42
	$199,800	$338,100
	20.6%	16.6%
	71.4%	57.0%
	82.1%	101.1%
	$13.64	$10.98
	$1,071	$2,690
	58.8%	57.4%
	13.2%	11.2%
	28.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.9%	0.7%
	1.6%	0.4%
	3.2%	3.6%
	6.5%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	1.4%	2.4%
	9.6%	2.8%
	9.6%	3.9%
	17.9%	4.5%
	28.9%	11.3%
	18.8%	13.0%
	11.5%	20.1%
	0.0%	13.6%
	0.9%	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%
	24.8%	13.6%
	24.8%	13.6%
	15.9%	13.6%
	12.4%	13.2%
	17.8%	14.8%
	15.9%	13.6%
	11.9%	10.0%
	0.5%	4.7%
	12.4%	12.2%

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