The housing market in 04574 Washington, ME is an attractive option for those looking to invest in the area. The median value of a house in this area is $274,600, which is significantly lower than the US median house value of $338,100. Furthermore, the one-year house appreciation rate in Washington is 16.46%, much higher than the US one-year house appreciation rate of 8.27%. These figures indicate that investing in the real estate market in Washington could be a great opportunity for potential buyers and investors alike.
The median home cost in Washington (zip 04574) is $274,600. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Washington (zip 04574) is up 20.6%.
Average Age of Homes
- The median age of Washington (zip 04574) real estate is 35 years old
The Rental Market in Washington (zip 04574)
- Renters make up 12.3% of the Washington (zip 04574) population
- 1.4% of houses and apartments in Washington (zip 04574), 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.