The housing market in 04848 Islesboro, ME is booming. The median value of homes in the area is $375,600, which is significantly higher than the national median of $338,100. In addition, over the past year, home values have appreciated by 16.46% in Islesboro – more than double the 8.27% rate of appreciation seen across the US as a whole. This indicates that now may be a great time to buy or invest in property in Islesboro.
The median home cost in Islesboro (zip 04848) is $375,600. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Islesboro (zip 04848) is up 20.6%.
Average Age of Homes
- The median age of Islesboro (zip 04848) real estate is 51 years old
The Rental Market in Islesboro (zip 04848)
- Renters make up 8.2% of the Islesboro (zip 04848) population
- 0.0% of houses and apartments in Islesboro (zip 04848), 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.