Augusta-Waterville, ME

There are many factors influencing real estate trends in the Augusta-Waterville, ME metropolitan statistical area (MSA). The economy is one of the most important drivers of the housing market. When the economy is strong, there is more demand for housing and prices tend to rise. However, when the economy weakens, there is less demand for housing and prices usually fall.

The Augusta-Waterville MSA has experienced strong economic growth in recent years. This has led to increased demand for housing and higher prices. According to Zillow, the median home value in Augusta-Waterville was $169,700 in September 2018, which was up 8.4% from a year earlier. The median rent price was also up 5.9% over the same period.

Looking ahead, it is expected that economic growth will continue in the Augusta-Waterville MSA, which should support further increases in housing demand and prices.