Median price for residential apartments in Bridgton, ME as of Nov, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
73 Bridgton, ME, USA apartments for sale
Bridgton
According to statistics, the population in Bridgton, ME amounts to 2,245, which shows decline -4% compared to the previous year. The median age of the city’s residents is 46. The average household income is $36,793, shifting growth 5% from the past year, and the average property value in Bridgton, ME decline 0% to $157,200 throughout the year.
| Population | 2,245 |
| Median Age | 46 |
| Poverty Rate | 13% |
| Household Income | $36,793 |
| Number Of Employees | 1,057 |
| Median Property Value | $157,200 |
Household Income
The average household income in Bridgton, ME grew from $34,966 to $36,793 in the past year. This data is an estimate based upon 1,003 households in Bridgton, ME . The chart below presents how household income is distributed in Bridgton, ME in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Bridgton, ME shifted from $157,700 to $157,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bridgton, ME in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bridgton, ME properties falls in the '$125,000 to $149,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Bridgton, ME compared to median property taxes around the country. The prevalent amount of property taxes in Bridgton, ME equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Bridgton, ME, USA
Average apartment sale in Bridgton: $170,899 (-53%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $77,369 | -38.7% |
| 1-bed apartments | $369,000 | N/A |
| 2-bed apartments | $327,225 | N/A |
| 3-bed apartments | $374,500 | -8.3% |
| 4+ bed apartments | $699,000 | +66.8% |
During Nov 2022, the average price for an apartment in/near Bridgton, ME decreased by 53% to $170,899.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $369,000 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $327,225. A 3-bed apartment goes for $374,500, it decreased by 8.3% lately. We discerned the rise of 4- and more bed apartment price. It increased by 66.8% and made it up to $699,000.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Houses for sale | $482,667 | +28.4% |
| Land for sale | $77,369 | -54.2% |
| Apartments for sale | $135,000 | N/A |
| Condos for sale | $421,300 | N/A |
While assessing the property pricing Bridgton, ME, you can note that it remains flat with a price tag of $135,000. Price reports demonstrate that house price increased by 28.4% this month making it up to $482,667. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $421,300.