Housing in 04901 Waterville, ME is a hot commodity. According to recent data, the median value for housing in this zip code is $227,100 which is significantly lower than the US House Median Value of $338,100. This makes housing more affordable for people looking to purchase in this area. Furthermore, house appreciation here has been much greater than the national average as seen in its 1-year house appreciation rate of 16.46%, nearly double the US 1 year House Appreciation rate of 8.27%. These figures point to a strong and vibrant housing market that promises potential buyers a great return on their investment and continued appreciation over time.
The median home cost in Waterville (zip 04901) is $227,100. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Waterville (zip 04901) is up 20.6%.
Average Age of Homes
- The median age of Waterville (zip 04901) real estate is 57 years old
The Rental Market in Waterville (zip 04901)
- Renters make up 35.8% of the Waterville (zip 04901) population
- 1.7% of houses and apartments in Waterville (zip 04901), 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.