Housing in 04863 Vinalhaven, ME is quite a bit more expensive than the US house median value. The median housing value in 04863 Vinalhaven, ME is $359,300, compared to the US house median value of $338,100. Additionally, the 1 year appreciation rate for houses in 04863 Vinalhaven, ME is significantly higher than the US 1 year house appreciation rate of 8.27%. The 1 year appreciation rate for houses in 04863 Vinalhaven, ME sits at 16.46%, more than double the national average. This indicates that housing prices in this area are likely to continue to rise in the near future.
The median home cost in Vinalhaven (zip 04863) is $359,300. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Vinalhaven (zip 04863) is up 20.6%.
Average Age of Homes
- The median age of Vinalhaven (zip 04863) real estate is 74 years old
The Rental Market in Vinalhaven (zip 04863)
- Renters make up 7.7% of the Vinalhaven (zip 04863) population
- 0.0% of houses and apartments in Vinalhaven (zip 04863), 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.