Living in Bradford, ME
Bradford, ME, is a charming rural town in Penobscot County known for its vast natural beauty and close-knit community. With plenty of outdoor activities available, it offers a peaceful lifestyle ideal for families and outdoor enthusiasts. The area has access to essential amenities and good schooling options, creating a balanced living environment.
Current Market Conditions in Bradford, ME
The real estate market in Bradford, ME, is currently steady, with a blend of affordable and mid-range properties catering to a variety of buyers. As the demand for rural living continues to rise, attracting investors looking for long-term rental potential is becoming increasingly appealing.
Growing trends indicate an interest in seasonal rentals, particularly as outdoor recreation gains popularity. This provides opportunities for investors to tap into a market that can yield attractive returns throughout the year.
Home Value Estimator For Bradford, ME
There are currently 428 real estate properties
in Bradford, ME,
with a median automated valuation model (AVM) price
of $178,497.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bradford, ME, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Bradford, ME,
is $189,174.00, with the most expensive house
in Bradford, ME, topping out
at $817,439.00 and the cheapest home
in Bradford, ME,
clocking in at $16,662.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bradford, ME!
Rent Prices
In Bradford, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bradford, ME, is on
a rollercoaster ride. The
average rent price in Bradford, ME,
is $1,178.00. Indeed, when looking to rent in
Bradford, ME, you can expect to pay as little
as $770.00 or as much
as $1,630.00,
with the average rent median estimated to
be $1,180.00. The good news is that finding
an affordable and desirable property to rent in Bradford, 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.
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