The housing market in Frenchville, ME (zip code 04745) is currently quite vibrant. The median value of a house in the area is $103,600, which is lower than the US median value of $338,100. This means that homebuyers may be able to find more affordable prices when buying in this area. Furthermore, the 1-year house appreciation rate in Frenchville is 16.46%, compared to the national figure of 8.27%. This indicates that local homeowners have seen considerable increases in their property values over the past year and can expect to see even more growth in the future. Overall, Frenchville offers strong potential for both buyers and sellers alike.
The median home cost in Frenchville (zip 04745) is $103,600. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Frenchville (zip 04745) is up 20.6%.
Average Age of Homes
- The median age of Frenchville (zip 04745) real estate is 49 years old
The Rental Market in Frenchville (zip 04745)
- Renters make up 11.0% of the Frenchville (zip 04745) population
- 0.0% of houses and apartments in Frenchville (zip 04745), 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.