The housing market in 04785 Van Buren, ME is thriving. The median value for a house in this area is $110,500, which is significantly lower than the US median house value of $338,100. However, the 1 year appreciation rate for houses in this area is 16.46%, much higher than the national rate of 8.27%. This suggests that investing in the local real estate market here can be quite lucrative.
The median home cost in Van Buren (zip 04785) is $110,500. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Van Buren (zip 04785) is up 20.6%.
Average Age of Homes
- The median age of Van Buren (zip 04785) real estate is 58 years old
The Rental Market in Van Buren (zip 04785)
- Renters make up 29.3% of the Van Buren (zip 04785) population
- 8.8% of houses and apartments in Van Buren (zip 04785), 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.