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Short Sale Listings in Jay, ME

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Living in Jay, ME

JAY, ME is a picturesque town rich in history and natural beauty. Residents enjoy a peaceful lifestyle with abundant outdoor activities and a close-knit community. The area features essential amenities and schools that make it an excellent place for families and outdoor enthusiasts alike.

Current Market Conditions in Jay, ME

The real estate market in JAY has shown steady growth in recent years, attributed to its appeal as a quieter alternative to urban living. Many investors are taking notice of the potential for rental properties, especially with the growing interest in outdoor recreation and tourism in the region.

Current trends indicate an increase in property values as more people seek second homes in this friendly and scenic area. Investors can find opportunities in both residential and rental markets, making JAY an attractive location for real estate investment.

Home Value Estimator For Jay, ME

There are currently 1,611 real estate properties in Jay, ME, with a median automated valuation model (AVM) price of $198,955.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Jay, 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 Jay, ME, is $207,000.00, with the most expensive house in Jay, ME, topping out at $1,452,769.00 and the cheapest home in Jay, ME, clocking in at $27,340.00. In other words, there’s something for every potential homebuyer or savvy investor in Jay, ME!

Rent Prices In Jay, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Jay, ME, is on a rollercoaster ride. The average rent price in Jay, ME, is $1,084.00. Indeed, when looking to rent in Jay, ME, you can expect to pay as little as $860.00 or as much as $1,290.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Jay, 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.

Jay, ME Short Sale Listings


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