Zip 04973 (Searsmont, ME) Housing

The housing market in Searsmont, ME (zip code 04973) is thriving. Median value for homes in this area stands at $301,800, which is significantly lower than the median value of houses nationwide ($338,100). However, the 1 year appreciation rate for housing here is higher than the US average - 16.46% compared to 8.27%. This makes it an attractive option for buyers looking to invest their money in real estate. The vibrant housing market makes Searsmont a great place to buy or sell property.

The median home cost in Searsmont (zip 04973) is $301,800. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Searsmont (zip 04973) is up 20.6%.

Average Age of Homes

- The median age of Searsmont (zip 04973) real estate is 26 years old

The Rental Market in Searsmont (zip 04973)

- Renters make up 11.8% of the Searsmont (zip 04973) population
- 0.0% of houses and apartments in Searsmont (zip 04973), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Searsmont, Maine	United States
	709.0	139,647,020.0
	33	42
	$301,800	$338,100
	20.6%	16.6%
	71.4%	57.0%
	82.1%	101.1%
	$11.72	$10.98
	$2,557	$2,690
	66.4%	57.4%
	23.0%	11.2%
	10.6%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	3.7%	0.4%
	17.3%	3.6%
	2.0%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	1.7%	2.4%
	3.2%	2.8%
	3.6%	3.9%
	2.1%	4.5%
	10.6%	11.3%
	21.2%	13.0%
	41.6%	20.1%
	11.3%	13.6%
	0.0%	8.3%
	2.1%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	26.7%	13.6%
	26.7%	13.6%
	17.1%	13.6%
	12.0%	13.2%
	13.8%	14.8%
	17.1%	13.6%
	2.8%	10.0%
	0.6%	4.7%
	14.4%	12.2%

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