Searsport, ME (04974) has a median housing value of $269,300 which is significantly lower than the US median housing value of $338,100. Despite this difference, the one-year house appreciation rate for Searsport is higher, at 16.46%, compared to 8.27% for the US overall. This suggests that housing values in Searsport are increasing faster than those across the country and could be an attractive option for potential home buyers looking for a good investment.
The median home cost in Searsport (zip 04974) is $269,300. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Searsport (zip 04974) is up 20.6%.
Average Age of Homes
- The median age of Searsport (zip 04974) real estate is 35 years old
The Rental Market in Searsport (zip 04974)
- Renters make up 25.1% of the Searsport (zip 04974) population
- 6.9% of houses and apartments in Searsport (zip 04974), 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.