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Rent To Own Homes in Knox, ME

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Knox, ME Foreclosures

How much do homes sell for in Knox, ME?
The average home price is currently $246,302.
What’s the average rental cost in Knox, ME?
The average rental price in Knox is $1,010.
What is the most expensive home in Knox?
The most expensive home sold in Knox had a price of $1,441,171.
What is currently the cheapest priced home in Knox, ME?
The cheapest home for sale in Knox is priced at $44,110.

Living in Knox, ME

Knox, ME is a serene rural town that embodies a warm community spirit amid beautiful natural scenery. Residents benefit from a focal point in outdoor activities and a family-oriented environment, while still being close enough to urban amenities in nearby cities. Knox is perfect for those seeking tranquility without sacrificing convenience.

Current Market Conditions in Knox, ME

Knox's real estate market is currently experiencing stable growth, with property values gradually increasing over the last year. The demand for housing in small towns has surged, as more people seek out spaces that offer tranquility and a slower pace of life. This trend has attracted both first-time buyers and investors looking for rental opportunities in the area.

Overall, the current market trends indicate that Knox is becoming an increasingly desirable place to live, leading to a positive outlook for potential new homeowners and investors.

Home Value Estimator For Knox, ME

There are currently 253 real estate properties in Knox, ME, with a median automated valuation model (AVM) price of $215,491.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Knox, 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 Knox, ME, is $246,302.00, with the most expensive house in Knox, ME, topping out at $1,441,171.00 and the cheapest home in Knox, ME, clocking in at $44,110.00. In other words, there’s something for every potential homebuyer or savvy investor in Knox, ME!

Rent Prices In Knox, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Knox, ME, is on a rollercoaster ride. The average rent price in Knox, ME, is $1,010.00. Indeed, when looking to rent in Knox, ME, you can expect to pay as little as $880.00 or as much as $1,400.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Knox, 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.

Knox, ME Rent To Own Homes

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