The housing market in the 04239 Jay, ME area is performing very well compared to the national average. The median value of a house in this area is $186,400, which is significantly lower than the US median of $338,100. Furthermore, the 1 year appreciation rate for homes in the 04239 Jay region is 14.68%, which is 6.41% higher than the national average of 8.27%. This makes this area an attractive place to invest in real estate as it offers homeowners a greater return on their investment than seen nationally.
The median home cost in Jay (zip 04239) is $186,400. Home appreciation the last 10 years has been 96.2%. Home Appreciation in Jay (zip 04239) is up 20.0%.
Average Age of Homes
- The median age of Jay (zip 04239) real estate is 42 years old
The Rental Market in Jay (zip 04239)
- Renters make up 10.9% of the Jay (zip 04239) population
- 4.2% of houses and apartments in Jay (zip 04239), 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.