Albion, ME Foreclosures
How much do homes sell for in Albion, ME?
The average home price is currently $254,366.
In Albion, ME, how many homes are available?
There are currently 4 active home listings available in Albion.
What’s the average rental cost in Albion, ME?
The average rental price in Albion is $973.
What is the most expensive home in Albion?
The most expensive home sold in Albion had a price of $1,176,500.
What is currently the cheapest priced home in Albion, ME?
The cheapest home for sale in Albion is priced at $30,458.
Living in Albion, ME
Albion, ME is a charming rural town that offers a peaceful lifestyle surrounded by nature. Known for its strong community spirit and outdoor recreational opportunities, Albion is perfect for families or those seeking tranquility. Its proximity to larger cities ensures that residents enjoy both the calm of country living and access to urban conveniences.
Current Market Conditions in Albion, ME
The Albion real estate market has shown modest growth over the past year, with an increase in demand for single-family homes as more buyers seek affordable housing options in rural settings. The prices remain competitive compared to nearby urban areas, making it an attractive choice for first-time homebuyers.
Currently, homes in Albion tend to spend less time on the market compared to previous years, indicating a positive trend for sellers. However, inventory levels remain somewhat low, which may lead to increased competition among buyers.
Home Value Estimator For Albion, ME
There are currently 749 real estate properties
in Albion, ME,
with a median automated valuation model (AVM) price
of $245,902.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Albion, 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 Albion, ME,
is $254,366.00, with the most expensive house
in Albion, ME, topping out
at $1,176,500.00 and the cheapest home
in Albion, ME,
clocking in at $30,458.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Albion, ME!
Rent Prices
In Albion, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Albion, ME, is on
a rollercoaster ride. The
average rent price in Albion, ME,
is $973.00. Indeed, when looking to rent in
Albion, ME, you can expect to pay as little
as $860.00 or as much
as $1,350.00,
with the average rent median estimated to
be $970.00. The good news is that finding
an affordable and desirable property to rent in Albion, 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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