The housing market in 04742 Fort Fairfield, ME is doing well, with the median value of houses being $140,600. This is significantly lower than the national median value of $338,100. However, the one-year appreciation for houses in 04742 Fort Fairfield, ME is 16.46%, which is significantly higher than the national one-year appreciation rate of 8.27%. This suggests that it is a good time to invest in housing in this area as prices are still relatively low and there are good returns to be had on investments.
The median home cost in Fort Fairfield (zip 04742) is $140,600. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Fort Fairfield (zip 04742) is up 20.6%.
Average Age of Homes
- The median age of Fort Fairfield (zip 04742) real estate is 44 years old
The Rental Market in Fort Fairfield (zip 04742)
- Renters make up 30.6% of the Fort Fairfield (zip 04742) population
- 2.6% of houses and apartments in Fort Fairfield (zip 04742), 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.