Housing in 04640 Hancock, ME is on the rise. The median value of homes in this area is currently $332,400, which is slightly lower than the US house median value of $338,100. However, the 1 year house appreciation in 04640 Hancock, ME is an impressive 16.46%, more than double the US house appreciation rate of 8.27%. This could be due to the area's convenient location and close proximity to local amenities and attractions. With housing values continuing to rise in 04640 Hancock, ME, now might be a great time for those looking to purchase or invest in property here.
The median home cost in Hancock (zip 04640) is $332,400. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Hancock (zip 04640) is up 20.6%.
Average Age of Homes
- The median age of Hancock (zip 04640) real estate is 29 years old
The Rental Market in Hancock (zip 04640)
- Renters make up 19.4% of the Hancock (zip 04640) population
- 0.0% of houses and apartments in Hancock (zip 04640), 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.