Standish, ME
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Standish, 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

Standish Housing Market Information

With 10,139 people, 3,664 houses or apartments, and a median cost of homes of $211,631, Standish real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Standish, accounting for 86.28% of the town's housing units. Other types of housing that are prevalent in Standish include mobile homes or trailers ( 7.96%), duplexes, homes converted to apartments or other small apartment buildings ( 4.05%), and a few row houses and other attached homes ( 1.17%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Standish. Owner-occupied housing accounts for 84.67% of Standish's homes, and 60.71% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Standish built from 1970 to 1999 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 Standish built before 1939 ( 16.77%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.34%). There's also some housing in Standish built between 2000 and later ( 14.83%).

Vacant housing appears to be an issue in Standish. Fully 23.46% of the housing stock is classified as vacant. Left unchecked, vacant Standish homes and apartments can be a drag on the real estate market, holding Standish real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Standish Home Appreciation Rates

Real estate appreciation rates in Standish's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.22% during the period.

NeighborhoodScout's data show that during the latest twelve months, Standish's appreciation rate, at 4.94%, has been at or slightly above the national average. In the latest quarter, Standish's appreciation rate has been 0.64%, which annualizes to a rate of 2.56%.

Relative to Maine, our data show that Standish's latest annual appreciation rate is higher than 60% of the other cities and towns in Maine.

Average Home Values

 

Median Home Value:
$211,631

Standish, ME HOME PRICES

Value Range
> $1,102,000 0.0
$827,001 - $1,102,000 0.3
$551,001 - $827,000 0.6
$441,001 - $551,000 3.2
$331,001 - $441,000 14.0
$221,001 - $331,000 33.6
$110,001 - $221,000 36.2
$55,001 - $110,000 4.4
$0 - $55,000 7.6

High for ME
High for Nation

Value Relative to Nation Value Relative to State
29.5206844017344 27.0491803278689

Number Of Homes And Apartments:
3,664

Standish 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
57.25% 2.66% 5 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,070 / per month

Homeownership Rate

Homeownership
Owners 84.67
Renters 15.33
Vacant 23.46

Housing Market Details

 

Age of Homes

AGE OF Standish HOMES
2000 or Newer 14.8
1970 - 1999 52.1
1940 - 1969 16.3
1939 or Older 16.8

Types of Homes

TYPE OF Standish HOMES
Single-Family 86.3
Townhomes 1.2
Small Apt. Buildings 4.1
Apt. Complexes 0.5
Mobile Homes 8.0
Other 0.0

Home Size

SIZE OF Standish HOMES
No Bedroom 1.94
1 Bedroom 6.06
2 Bedrooms 27.43
3 Bedrooms 48.21
4 Bedrooms 12.49
5 or more bedrooms 3.86