Westbrook, ME (04092) has a median housing value of $368,000, which is significantly higher than the US house median value of $338,100. The US house appreciation rate for the past year was 8.27%, while the house appreciation rate for Westbrook in the same period was 12.21%. This increase in value shows that Westbrook's real estate market is doing well and is being sought after by many potential buyers. With its excellent location close to Portland and attractive housing prices, Westbrook provides an ideal place for people looking to invest in real estate.
The median home cost in Westbrook (zip 04092) is $368,000. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Westbrook (zip 04092) is up 16.2%.
Average Age of Homes
- The median age of Westbrook (zip 04092) real estate is 49 years old
The Rental Market in Westbrook (zip 04092)
- Renters make up 35.9% of the Westbrook (zip 04092) population
- 2.4% of houses and apartments in Westbrook (zip 04092), 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.