Rumford, ME (04276) is a small town with a median housing value of $165,500. This is significantly less than the US median home value of $338,100, but it has seen a higher appreciation rate in the last year. Specifically, over the past year, homes in Rumford have appreciated 14.68%, compared to the US average of 8.27%. This indicates that Rumford is becoming an increasingly desirable place to live and invest in real estate due to its lower cost and strong appreciation rate.
The median home cost in Rumford (zip 04276) is $165,500. Home appreciation the last 10 years has been 96.2%. Home Appreciation in Rumford (zip 04276) is up 20.0%.
Average Age of Homes
- The median age of Rumford (zip 04276) real estate is 72 years old
The Rental Market in Rumford (zip 04276)
- Renters make up 27.8% of the Rumford (zip 04276) population
- 11.1% of houses and apartments in Rumford (zip 04276), 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.