Zip 04222 (Durham, ME) Housing


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The housing market in 04222 Durham, ME is thriving. The median value of a house in the area is $402,900, which is significantly higher than the US median value of $338,100. Furthermore, the one-year house appreciation rate in 04222 Durham, ME is 14.68%, which is much higher than the national average of 8.27%. This indicates that housing prices are steadily rising in the area and could be a great investment opportunity for potential buyers.

The median home cost in Durham (zip 04222) is $402,900. Home appreciation the last 10 years has been 96.2%. Home Appreciation in Durham (zip 04222) is up 20.0%.

Average Age of Homes
- The median age of Durham (zip 04222) real estate is 31 years old
The Rental Market in Durham (zip 04222)
- Renters make up 6.2% of the Durham (zip 04222) population
- 0.0% of houses and apartments in Durham (zip 04222), 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

  HousingDurham, MaineUnited States
  1,706.0139,647,020.0
  3642
  $402,900$338,100
  20.0%16.6%
  78.7%57.0%
  96.2%101.1%
  $15.21$10.98
  $3,608$2,690
  93.0%57.4%
  0.4%11.2%
  6.6%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.4%0.4%
  0.0%3.6%
  0.0%4.1%
  Value of Owner-Occupied Housing
  2.0%2.6%
  4.3%2.4%
  0.0%2.8%
  0.0%3.9%
  4.4%4.5%
  13.3%11.3%
  8.8%13.0%
  41.2%20.1%
  18.4%13.6%
  6.6%8.3%
  1.1%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%
  22.9%13.6%
  22.9%13.6%
  13.0%13.6%
  20.0%13.2%
  21.7%14.8%
  13.0%13.6%
  2.1%10.0%
  2.8%4.7%
  10.7%12.2%
Commute