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Rent To Own Homes in Phillips, ME

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Phillips, ME Foreclosures

How much do homes sell for in Phillips, ME?
The average home price is currently $207,630.
In Phillips, ME, how many homes are available?
There are currently 1 active home listings available in Phillips.
What’s the average rental cost in Phillips, ME?
The average rental price in Phillips is $1,067.
What is the most expensive home in Phillips?
The most expensive home sold in Phillips had a price of $1,086,867.
What is currently the cheapest priced home in Phillips, ME?
The cheapest home for sale in Phillips is priced at $36,820.

Living in Phillips, ME

Phillips, ME is a charming small town in the western part of the state, offering an inviting community environment and beautiful natural surroundings. Known for its outdoor activities like kayaking and hiking, Phillips is perfect for those seeking a peaceful retreat. Residents enjoy small-town living with access to nature and community events.

Current Market Conditions in Phillips, ME

The real estate market in Phillips, ME has been stable with a gradual increase in home prices over the last year. Buyers are attracted to the town for its affordable options, beautiful landscapes, and strong community feel, which has maintained a consistent demand for housing.

Current trends show that homes are selling relatively quickly, especially those with modern amenities and proximity to outdoor recreational activities. Investors are starting to take notice of Phillips due to its low property taxes and potential for rental income from vacationers.

Home Value Estimator For Phillips, ME

There are currently 426 real estate properties in Phillips, ME, with a median automated valuation model (AVM) price of $178,715.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Phillips, 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 Phillips, ME, is $207,630.00, with the most expensive house in Phillips, ME, topping out at $1,086,867.00 and the cheapest home in Phillips, ME, clocking in at $36,820.00. In other words, there’s something for every potential homebuyer or savvy investor in Phillips, ME!

Rent Prices In Phillips, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Phillips, ME, is on a rollercoaster ride. The average rent price in Phillips, ME, is $1,067.00. Indeed, when looking to rent in Phillips, ME, you can expect to pay as little as $1,000.00 or as much as $1,350.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Phillips, 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.

Phillips, ME Rent To Own Homes

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