The housing market in 03907 Ogunquit, ME is a highly desirable one. The median value of houses in the area is $723,900 which is significantly higher than the US House Median Value of $338,100. Additionally, the house appreciation for 1 year in 03907 Ogunquit has been 8.52%, which is also higher than the US House Appreciation of 8.27%. This indicates that although the housing prices may be high, they are still increasing in value and it could be a good investment for potential buyers.
The median home cost in Ogunquit (zip 03907) is $723,900. Home appreciation the last 10 years has been 91.7%. Home Appreciation in Ogunquit (zip 03907) is up 18.1%.
Average Age of Homes
- The median age of Ogunquit (zip 03907) real estate is 44 years old
The Rental Market in Ogunquit (zip 03907)
- Renters make up 3.0% of the Ogunquit (zip 03907) population
- 1.1% of houses and apartments in Ogunquit (zip 03907), 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.