The housing market in 04781 Wallagrass, ME is significantly more affordable than the average U.S. housing market. The median value of a home here is $124,600 compared to the overall U.S. median value of $338,100. This means that homes in this area are around 63% cheaper than those in the rest of the country. Moreover, while house appreciation across the nation has been 8.27%, houses in 04781 Wallagrass have appreciated 16.46% over the past year, indicating that now may be an ideal time to purchase property in this area and take advantage of these low prices and potential for strong appreciation.
The median home cost in Wallagrass (zip 04781) is $124,600. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Wallagrass (zip 04781) is up 20.6%.
Average Age of Homes
- The median age of Wallagrass (zip 04781) real estate is 50 years old
The Rental Market in Wallagrass (zip 04781)
- Renters make up 11.4% of the Wallagrass (zip 04781) population
- 2.0% of houses and apartments in Wallagrass (zip 04781), 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.