The housing in Gray, ME (04039) is significantly higher than the US median house value of $338,100. The median value of a home in 04039 is $396,000, which is more than 17% higher than the national average. Additionally, the one-year house appreciation rate in Gray is 12.21%, which is almost 50% higher than the national rate of 8.27%. This indicates that there is a strong demand for housing in Gray and investment opportunities are plentiful.
The median home cost in Gray (zip 04039) is $396,000. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Gray (zip 04039) is up 16.2%.
Average Age of Homes
- The median age of Gray (zip 04039) real estate is 38 years old
The Rental Market in Gray (zip 04039)
- Renters make up 19.4% of the Gray (zip 04039) population
- 0.0% of houses and apartments in Gray (zip 04039), 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.