Houlton, ME
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Houlton, ME Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Houlton Housing Market Information

With a population of 5,882, 2,654 total housing units (homes and apartments), and a median house value of $88,749, house prices in Houlton are some of the most affordable in Maine as well as the nation.

Single-family detached homes are the single most common housing type in Houlton, accounting for 58.55% of the town's housing units. Other types of housing that are prevalent in Houlton include duplexes, homes converted to apartments or other small apartment buildings ( 19.94%), large apartment complexes or high rise apartments ( 15.05%), and a few mobile homes or trailers ( 4.89%).

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

The housing in Houlton was primarily built before 1939 ( 39.98%), making the housing stock in Houlton some of the oldest overall in America, although there is a range of ages of homes in Houlton. The next most important housing age is between 1940-1969 ( 30.66%), followed by between 1970-1999 ( 20.43%). There's also some housing in Houlton built between 2000 and later ( 8.94%).

Houlton Home Appreciation Rates

Real estate appreciation rates in Houlton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.31% during the period.

NeighborhoodScout's data show that during the latest twelve months, Houlton's appreciation rate, at 3.61%, has been at or slightly above the national average. In the latest quarter, Houlton's appreciation rate has been 1.58%, which annualizes to a rate of 6.47%.

Relative to Maine, our data show that Houlton's latest annual appreciation rate is lower than 70% of the other cities and towns in Maine.

Average Home Values

 

Median Home Value:
$88,749

Houlton, ME HOME PRICES

Value Range
> $1,070,000 0.0
$802,001 - $1,070,000 0.0
$535,001 - $802,000 2.8
$428,001 - $535,000 0.0
$321,001 - $428,000 1.5
$214,001 - $321,000 4.6
$107,001 - $214,000 29.7
$53,001 - $107,000 46.9
$0 - $53,000 14.4

Very Low for ME
Very Low for Nation

Value Relative to Nation Value Relative to State
84.8910113676315 94.672131147541

Number Of Homes And Apartments:
2,654

Houlton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
ME*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
59.43% 2.74% 6 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$633 / per month

Homeownership Rate

Homeownership
Owners 52.13
Renters 47.87
Vacant 7.33

Housing Market Details

 

Age of Homes

AGE OF Houlton HOMES
2000 or Newer 8.9
1970 - 1999 20.4
1940 - 1969 30.7
1939 or Older 40.0

Types of Homes

TYPE OF Houlton HOMES
Single-Family 58.6
Townhomes 1.6
Small Apt. Buildings 19.9
Apt. Complexes 15.0
Mobile Homes 4.9
Other 0.0

Home Size

SIZE OF Houlton HOMES
No Bedroom 1.68
1 Bedroom 23.08
2 Bedrooms 26.78
3 Bedrooms 34.32
4 Bedrooms 12.78
5 or more bedrooms 1.36

Popular Neighborhoods in Houlton

Zip Codes in Houlton, ME