Lovell, ME Foreclosures
How much do homes sell for in Lovell, ME?
The average home price is currently $409,328.
In Lovell, ME, how many homes are available?
There are currently 89 active home listings available in Lovell.
What’s the average rental cost in Lovell, ME?
The average rental price in Lovell is $1,181.
What is the most expensive home in Lovell?
The most expensive home sold in Lovell had a price of $3,199,360.
What is currently the cheapest priced home in Lovell, ME?
The cheapest home for sale in Lovell is priced at $43,069.
Living in Lovell, ME
Lovell, Maine is a stunning town characterized by its natural beauty and strong community ties. With access to outdoor activities such as hiking, boating, and fishing, it offers a perfect blend of relaxation and adventure. Its charming local shops and community events make it an idyllic place to call home.
Current Market Conditions in Lovell, ME
The real estate market in Lovell has shown resilience, with a steady demand for vacation homes as well as permanent residences. Recently, an influx of buyers looking for tranquility and space has been noted, leading to a slight increase in property values.
With limited inventory and a growing interest in rural living, the market remains competitive, making it a favorable environment for sellers, while buyers need to act quickly on available listings.
Home Value Estimator For Lovell, ME
There are currently 467 real estate properties
in Lovell, ME,
with a median automated valuation model (AVM) price
of $304,818.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lovell, 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 Lovell, ME,
is $409,328.00, with the most expensive house
in Lovell, ME, topping out
at $3,199,360.00 and the cheapest home
in Lovell, ME,
clocking in at $43,069.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lovell, ME!
Rent Prices
In Lovell, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lovell, ME, is on
a rollercoaster ride. The
average rent price in Lovell, ME,
is $1,181.00. Indeed, when looking to rent in
Lovell, ME, you can expect to pay as little
as $1,070.00 or as much
as $1,400.00,
with the average rent median estimated to
be $1,210.00. The good news is that finding
an affordable and desirable property to rent in Lovell, 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.
Learn more on Foreclosure homes
