Brunswick appreciation rates and housing market information

Brunswick housing market information

With 21,172 people, 8,720 houses or apartments, and a median cost of homes of $263,866, Brunswick real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Brunswick, accounting for 48.69% of the town's housing units. Other types of housing that are prevalent in Brunswick include mobile homes or trailers (15.87%), duplexes, homes converted to apartments, or other small apartment buildings (15.10%), large apartment complexes or high rise apartments (12.33%), and a few row houses and other attached homes (8.00%).

People in Brunswick primarily live in small (one, two, or no bedroom) single-family detached homes. Brunswick has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Brunswick built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Brunswick built from 1939 and earlier (24.95%). A lesser amount of the housing stock also hails from 1940-1969 (24.59%), and some were built from 1995 and later (24.59%).

Brunswick home appreciation rates

Appreciation rates for homes in Brunswick have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 100.30%, which ranks in the top 20% nationwide. This equates to an annual average Brunswick house appreciation rate of 10.03%.

Over the last year, Brunswick appreciation rates have trailed the rest of the nation. In the last twelve months, Brunswick's appreciation rate has been -2.85%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Brunswick were at 0.29%, which equates to an annual appreciation rate of 1.16%.

Relative to Maine, our data show that Brunswick's latest annual appreciation rate is higher than 18% of the other cities and towns in Maine.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Brunswick differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Brunswick - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Brunswick real estate investment or home purchase decisions.