The housing market in 04222 Durham, ME is thriving. The median value of a house in the area is $402,900, which is significantly higher than the US median value of $338,100. Furthermore, the one-year house appreciation rate in 04222 Durham, ME is 14.68%, which is much higher than the national average of 8.27%. This indicates that housing prices are steadily rising in the area and could be a great investment opportunity for potential buyers.
The median home cost in Durham (zip 04222) is $402,900. Home appreciation the last 10 years has been 96.2%. Home Appreciation in Durham (zip 04222) is up 20.0%.
Average Age of Homes
- The median age of Durham (zip 04222) real estate is 31 years old
The Rental Market in Durham (zip 04222)
- Renters make up 6.2% of the Durham (zip 04222) population
- 0.0% of houses and apartments in Durham (zip 04222), 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.