The housing market in 04032 Freeport, ME is doing significantly better than the national average. The median house value in Freeport is $543,200, which is much higher than the US median of $338,100. The US 1 year house appreciation rate is 8.27%, while the appreciation rate in Freeport is 12.21%. This shows that the housing market in Freeport has seen a steady increase in values over the past year and this trend is expected to continue as demand for homes remains high.
The median home cost in Freeport (zip 04032) is $543,200. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Freeport (zip 04032) is up 16.2%.
Average Age of Homes
- The median age of Freeport (zip 04032) real estate is 36 years old
The Rental Market in Freeport (zip 04032)
- Renters make up 18.8% of the Freeport (zip 04032) population
- 1.3% of houses and apartments in Freeport (zip 04032), 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.