Zip 04859 (Spruce Head, ME) Housing

The housing market in Spruce Head, ME is thriving! The median value of houses in the area is $461,300, substantially higher than the US median house value of $338,100. In the last year alone, there has been an impressive appreciation rate of 16.46%, significantly higher than the national rate of 8.27%. This makes it a desirable place to buy or invest in a property. With its beautiful coastal views and proximity to Portland, ME, it's no wonder why people are flocking to this area.

The median home cost in Spruce Head (zip 04859) is $461,300. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Spruce Head (zip 04859) is up 20.6%.

Average Age of Homes

- The median age of Spruce Head (zip 04859) real estate is 25 years old

The Rental Market in Spruce Head (zip 04859)

- Renters make up 3.0% of the Spruce Head (zip 04859) population
- 0.0% of houses and apartments in Spruce Head (zip 04859), 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	Spruce Head, Maine	United States
	490.0	139,647,020.0
	33	42
	$461,300	$338,100
	20.6%	16.6%
	71.4%	57.0%
	82.1%	101.1%
	$13.89	$10.98
	$4,948	$2,690
	64.3%	57.4%
	24.3%	11.2%
	11.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	24.3%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	3.2%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	3.5%	11.3%
	13.0%	13.0%
	17.5%	20.1%
	1.0%	13.6%
	9.2%	8.3%
	9.8%	9.7%
	11.7%	3.9%
	27.9%	2.2%
	0.0%	0.8%
	3.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.6%	13.6%
	9.6%	13.6%
	32.0%	13.6%
	26.7%	13.2%
	3.1%	14.8%
	32.0%	13.6%
	2.4%	10.0%
	3.3%	4.7%
	17.1%	12.2%

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