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Land Foreclosures in Millinocket, ME

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Millinocket, ME Foreclosures

How much do homes sell for in Millinocket, ME?
The average home price is currently $149,793.
In Millinocket, ME, how many homes are available?
There are currently 1 active home listings available in Millinocket.
What’s the average rental cost in Millinocket, ME?
The average rental price in Millinocket is $811.
What is the most expensive home in Millinocket?
The most expensive home sold in Millinocket had a price of $2,225,787.
What is currently the cheapest priced home in Millinocket, ME?
The cheapest home for sale in Millinocket is priced at $12,682.

Living in Millinocket, ME

Millinocket, ME is a quaint town nestled in the stunning wilderness of northern Maine. Known for its proximity to Baxter State Park, it offers a wealth of outdoor activities such as hiking, fishing, and snow sports. With a close-knit community and essential amenities, Millinocket blends a peaceful lifestyle with natural beauty, making it a perfect spot for nature lovers and adventure seekers.

Current Market Conditions in Millinocket, ME

The real estate market in Millinocket is currently experiencing a steady demand due to its appealing natural beauty and affordability. While prices remain generally lower compared to other regions in Maine, the influx of individuals seeking second homes or investment properties has spurred moderate price increases recently, signaling healthy market activity.

The market is characterized by a mix of single-family homes and investment properties, with an increasing interest in seasonal rentals as more visitors explore what the area has to offer.

Home Value Estimator For Millinocket, ME

There are currently 2,003 real estate properties in Millinocket, ME, with a median automated valuation model (AVM) price of $148,404.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Millinocket, 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 Millinocket, ME, is $149,793.00, with the most expensive house in Millinocket, ME, topping out at $2,225,787.00 and the cheapest home in Millinocket, ME, clocking in at $12,682.00. In other words, there’s something for every potential homebuyer or savvy investor in Millinocket, ME!

Rent Prices In Millinocket, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Millinocket, ME, is on a rollercoaster ride. The average rent price in Millinocket, ME, is $811.00. Indeed, when looking to rent in Millinocket, ME, you can expect to pay as little as $720.00 or as much as $1,520.00, with the average rent median estimated to be $800.00. The good news is that finding an affordable and desirable property to rent in Millinocket, 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.

Millinocket, ME Land


Market Trend for Millinocket, ME

Total Listings Available: 1

Market Values:

Home Prices from $12,682 to $2,225,787

Average Sales Price: $149,793

Rental Values:

Rental from $720 to $1,520

Average Rent Value: $811 / month

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