Why Live in Augusta
Split down the middle by the Kennebec River, the humble city of Augusta, Maine has a population of just under 20,000. Despite being a small city by most measures, it holds an important role as the capital of the Pine Tree State. First settled as a trading post in 1628, Augusta continues to preserve its history while keeping an eye on the horizon. “It’s a real progressive city, and by that, I mean things are constantly evolving and updating,” says John Blouin, a Realtor with Vallee Harwood & Blouin Real Estate. “There been a lot of community support and millions of dollars raised for a new hospital, museum renovations and the restoration of one of our historic theaters, all within the past 10 years or so.” Far from a rapidly growing megalopolis, Augusta’s slow and steady lifestyle is what keeps long-time residents around.
Across Kennebec County, government jobs account for four out of ten jobs in the region. “A lot of people from the surrounding area commute into the city. Because it’s the capital of Maine, it’s got a lot of business,” Blouin says. MaineGeneral is another major employer and operates the Alfond Center for Health, the city’s only hospital which opened in 2013. Other
Home Trends in Augusta, ME
On average, homes in Augusta, ME sell after 33 days on the market compared to the national average of 50 days. The median sale price for homes in Augusta, ME over the last 12 months is $275,000, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$275,000
Median Single Family Sale Price
$275,000
Median Townhouse Sale Price
$290,000
Median 2 Bedroom Sale Price
$285,000
Average Price Per Sq Ft
$202
Number of Homes for Sale
17
Last 12 months Home Sales
101
Median List Price
$287,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%