Housing in 04635 Frenchboro, ME is quite impressive and has seen a significant appreciation in value over the past year. The median value of housing in this area is $260,400, which is significantly lower than the national median value of $338,100. Despite this discrepancy, the local housing market saw an impressive 16.46% appreciation rate over the past year, far exceeding the national one year house appreciation rate of 8.27%. This indicates that property here is highly sought after and provides a good opportunity for potential investors.
The median home cost in Frenchboro (zip 04635) is $260,400. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Frenchboro (zip 04635) is up 20.6%.
Average Age of Homes
- The median age of Frenchboro (zip 04635) real estate is 54 years old
The Rental Market in Frenchboro (zip 04635)
- Renters make up 4.2% of the Frenchboro (zip 04635) population
- 0.0% of houses and apartments in Frenchboro (zip 04635), 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.