Housing in 04562 Phippsburg, ME is quite valuable with the median value being $445,500. This is significantly higher than the US median house value of $338,100 and shows strong appreciation compared to other parts of the country. The US 1 year house appreciation rate was 8.27%, while in 04562 Phippsburg, ME it was a remarkable 16.46%. This shows that housing in 04562 Phippsburg, ME is highly desirable and growing in popularity.
The median home cost in Phippsburg (zip 04562) is $445,500. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Phippsburg (zip 04562) is up 20.6%.
Average Age of Homes
- The median age of Phippsburg (zip 04562) real estate is 37 years old
The Rental Market in Phippsburg (zip 04562)
- Renters make up 8.2% of the Phippsburg (zip 04562) population
- 1.4% of houses and apartments in Phippsburg (zip 04562), 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.