Greenwood, ME Foreclosures
How much do homes sell for in Greenwood, ME?
The average home price is currently $320,103.
In Greenwood, ME, how many homes are available?
There are currently 91 active home listings available in Greenwood.
What’s the average rental cost in Greenwood, ME?
The average rental price in Greenwood is $1,249.
What is the most expensive home in Greenwood?
The most expensive home sold in Greenwood had a price of $1,862,700.
What is currently the cheapest priced home in Greenwood, ME?
The cheapest home for sale in Greenwood is priced at $54,634.
Living in Greenwood, ME
Greenwood, Maine, is a charming town surrounded by stunning natural landscapes. It offers a wealth of outdoor activities such as hiking, skiing, and fishing. The peaceful community atmosphere and access to quality education make it an ideal location for families seeking a serene lifestyle.
Current Market Conditions in Greenwood, ME
The real estate market in Greenwood, ME has been showing signs of stability with a mild increase in property values over the past year. As more people discover the beauty of the area, demand for homes, particularly seasonal ones, has been on the rise, which is driving prices upward. Homes tend to sell fairly quickly, especially those with access to lakes or mountain views.
Current trends indicate that families and retirees are equally interested in moving to Greenwood, leading to a diverse range of home types available. As remote work remains prevalent, many individuals are seeking properties that allow them to enjoy both work and leisure in a serene environment.
Home Value Estimator For Greenwood, ME
There are currently 466 real estate properties
in Greenwood, ME,
with a median automated valuation model (AVM) price
of $290,613.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Greenwood, 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 Greenwood, ME,
is $320,103.00, with the most expensive house
in Greenwood, ME, topping out
at $1,862,700.00 and the cheapest home
in Greenwood, ME,
clocking in at $54,634.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Greenwood, ME!
Rent Prices
In Greenwood, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Greenwood, ME, is on
a rollercoaster ride. The
average rent price in Greenwood, ME,
is $1,249.00. Indeed, when looking to rent in
Greenwood, ME, you can expect to pay as little
as $840.00 or as much
as $1,350.00,
with the average rent median estimated to
be $1,350.00. The good news is that finding
an affordable and desirable property to rent in Greenwood, 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.