The housing market in Steep Falls, ME (04085) is doing very well. The median value of homes in the area is $361,800, which is significantly higher than the US median value of $338,100. In the last year alone, house values have appreciated by 12.21%, much higher than the national appreciation rate of 8.27%. This trend suggests that the housing market in Steep Falls is flourishing due to its favorable location and other factors. People looking for a good investment may want to consider buying a home in this town as prices are expected to climb even higher over time.
The median home cost in Steep Falls (zip 04085) is $361,800. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Steep Falls (zip 04085) is up 16.2%.
Average Age of Homes
- The median age of Steep Falls (zip 04085) real estate is 38 years old
The Rental Market in Steep Falls (zip 04085)
- Renters make up 9.6% of the Steep Falls (zip 04085) population
- 0.0% of houses and apartments in Steep Falls (zip 04085), 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.