Fairlee, MD is a great place to buy a house. The median value of homes in Fairlee is $240,900, lower than the US median value of $338,100. This makes it an attractive option for potential homebuyers looking for an affordable option. Additionally, over the past year there has been strong appreciation in Fairlee house prices with an increase of 9.21%, slightly higher than the US average of 8.27%. Overall, Fairlee offers a great opportunity to invest in real estate and own a piece of this beautiful town.
The median home cost in Fairlee is $240,900. Home appreciation the last 10 years has been 56.7%. Home Appreciation in Fairlee is up 14.5%.
Average Age of Homes
- The median age of Fairlee real estate is 37 years old
The Rental Market in Fairlee
- Renters make up 18.4% of the Fairlee population
- 0.0% of houses and apartments in Fairlee, 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.