City-owned Homes And Land in Springvale, ME

Current Market Conditions in Springvale, ME

Springvale's real estate market has shown steady growth over the past year. The demand for homes in the area remains high, driven by its appeal to families and those seeking a quieter lifestyle. Prices have gradually increased, reflecting the region's desirability and the limited inventory available.

As of the last quarter, there has been a noticeable uptick in home sales, particularly in single-family homes, which have seen many multiple offers. This trend signifies the competitive nature of the local housing market.

Rent Prices In Springvale, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Springvale, ME, is on a rollercoaster ride. The average rent price in Springvale, ME, is $1,164.00. Indeed, when looking to rent in Springvale, ME, you can expect to pay as little as $730.00 or as much as $1,680.00, with the average rent median estimated to be $1,150.00. The good news is that finding an affordable and desirable property to rent in Springvale, ME -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.