Zip 04989 (Vassalboro, ME) Housing

The housing market in Vassalboro, ME is performing well compared to the national average. According to the data, the median value of a house in Vassalboro is $273,200, which is significantly lower than the US median value of $338,100. One year appreciation for housing in Vassalboro has been 16.46%, more than double the US average 1 year appreciation rate of 8.27%. This suggests that real estate values are increasing at a faster rate in this area than nationally and indicates that investments could be rewarded here if looking for a potential property or investment opportunity.

The median home cost in Vassalboro (zip 04989) is $273,200. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Vassalboro (zip 04989) is up 20.6%.

Average Age of Homes

- The median age of Vassalboro (zip 04989) real estate is 40 years old

The Rental Market in Vassalboro (zip 04989)

- Renters make up 16.5% of the Vassalboro (zip 04989) population
- 0.9% of houses and apartments in Vassalboro (zip 04989), 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	Vassalboro, Maine	United States
	2,221.0	139,647,020.0
	42	42
	$273,200	$338,100
	20.6%	16.6%
	71.4%	57.0%
	82.1%	101.1%
	$10.49	$10.98
	$1,885	$2,690
	71.5%	57.4%
	11.6%	11.2%
	16.8%	31.4%
Vacant Housing
	0.9%	1.9%
	0.9%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	6.8%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	3.8%	2.6%
	1.4%	2.4%
	1.6%	2.8%
	5.2%	3.9%
	10.6%	4.5%
	9.6%	11.3%
	27.3%	13.0%
	24.9%	20.1%
	6.5%	13.6%
	6.8%	8.3%
	2.3%	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%
	18.5%	13.6%
	18.5%	13.6%
	10.9%	13.6%
	16.9%	13.2%
	9.4%	14.8%
	10.9%	13.6%
	5.8%	10.0%
	4.7%	4.7%
	20.8%	12.2%

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