Topsham, ME Foreclosures
How much do homes sell for in Topsham, ME?
The average home price is currently $453,791.
What’s the average rental cost in Topsham, ME?
The average rental price in Topsham is $1,557.
What is the most expensive home in Topsham?
The most expensive home sold in Topsham had a price of $5,657,681.
What is currently the cheapest priced home in Topsham, ME?
The cheapest home for sale in Topsham is priced at $44,414.
Living in Topsham, ME
Topsham, ME is a charming small town with a population of about 8,500, known for its friendly community and beautiful rural landscapes. It offers accessible amenities, outdoor activities, and quality schools, making it a desirable place for families and nature lovers. Proximity to larger towns ensures convenience without compromising the tranquility of small-town living.
Current Market Conditions in Topsham, ME
The current real estate market in Topsham is robust, characterized by a steady demand for homes that reflects the area's desirable living conditions. Homes in this region typically experience low inventory, which has led to increased home prices over the last several months. Buyers are attracted to the community for its family-oriented environment, affordability compared to nearby coastal towns, and excellent school system. Interest from first-time homebuyers and families moving from urban areas continues to shape the competitive landscape.
As we have entered the off-peak season for the housing market, signs indicate a slight moderation, yet interest remains high. Homes are still being quickly sold, often going under contract within weeks of listing. Buyers should be prepared for competitive bidding, especially for well-priced and updated homes.
Home Value Estimator For Topsham, ME
There are currently 3,935 real estate properties
in Topsham, ME,
with a median automated valuation model (AVM) price
of $434,807.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Topsham, 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 Topsham, ME,
is $453,791.00, with the most expensive house
in Topsham, ME, topping out
at $5,657,681.00 and the cheapest home
in Topsham, ME,
clocking in at $44,414.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Topsham, ME!
Rent Prices
In Topsham, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Topsham, ME, is on
a rollercoaster ride. The
average rent price in Topsham, ME,
is $1,557.00. Indeed, when looking to rent in
Topsham, ME, you can expect to pay as little
as $950.00 or as much
as $2,330.00,
with the average rent median estimated to
be $1,560.00. The good news is that finding
an affordable and desirable property to rent in Topsham, 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.
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