New real estate data shows that one coastal Maine neighborhood has become one of the priciest in New England, with a home median price of $1.23 million dollars.
Finding an affordable home can often be tricky these days, especially if you're looking for something somewhat close to a bigger city. However, that's not the case in every zip code. If you're flexible with your wants and needs and are willing to live a little further away than you had ideally hoped for, things will likely get a bit easier for you, which leads to me this little hidden gem in NH.
With the current mortgage interest rates hovering over 8.5%, a lot of buyers have either been knocked out of the game or have chosen to wait. With less buyers, homes are not selling as quickly as they were a year ago. However, that is not the case everywhere.
Maine is the nation's leader in home vacancy rate, and here's how it's affecting your ability to rent or buy a new place in the state's busiest destinations.
According to the New Hampshire Business Review, the median cost for a single-family home in Rockingham County in February of 2022 was a whopping $550,000. But where do the state's other nine counties rank when it comes to average home prices?