Housing in Lake Arrowhead, ME (04061) is fairly expensive compared to the US median value of $338,100. The housing median value in 04061 is $330,300, which is slightly lower than the US median. While the overall US house appreciation over the last year has been 8.27%, the appreciation for houses in Lake Arrowhead is much higher at 12.21%. This suggests that investing in property in 04061 can be a good option and a very profitable one at that.
The median home cost in Lake Arrowhead (zip 04061) is $330,300. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Lake Arrowhead (zip 04061) is up 16.2%.
Average Age of Homes
- The median age of Lake Arrowhead (zip 04061) real estate is 29 years old
The Rental Market in Lake Arrowhead (zip 04061)
- Renters make up 5.5% of the Lake Arrowhead (zip 04061) population
- 0.0% of houses and apartments in Lake Arrowhead (zip 04061), 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.