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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 9,091, 3,349 total housing units (homes and apartments), and a median house value of $761,041, Yarmouth house prices are not only among the most expensive in Maine, Yarmouth real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Yarmouth, accounting for 71.19% of the town's housing units. Other types of housing that are prevalent in Yarmouth include large apartment complexes or high rise apartments ( 11.52%), duplexes, homes converted to apartments or other small apartment buildings ( 8.44%), and a few row houses and other attached homes ( 7.44%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Yarmouth. Owner-occupied housing accounts for 75.29% of Yarmouth's homes, and 66.54% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Yarmouth 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 Yarmouth built between 1940-1969 ( 21.34%). A lesser amount of the housing stock also hails from before 1939 ( 20.56%). There's also some housing in Yarmouth built between 2000 and later ( 13.12%).
Appreciation rates for homes in Yarmouth have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 107.57%, which ranks in the top 30% nationwide. This equates to an annual average Yarmouth house appreciation rate of 7.58%.
Over the last year, Yarmouth appreciation rates have trailed the rest of the nation. In the last twelve months, Yarmouth's appreciation rate has been 5.06%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Yarmouth were at 1.39%, which equates to an annual appreciation rate of 5.67%.
Relative to Maine, our data show that Yarmouth's latest annual appreciation rate is higher than 50% of the other cities and towns in Maine.
$761,041
$2,572 / per month