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Multi-family Foreclosures in Mount Desert, ME

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Mount Desert, ME Foreclosures

How much do homes sell for in Mount Desert, ME?
The average home price is currently $1,502,206.
What’s the average rental cost in Mount Desert, ME?
The average rental price in Mount Desert is $1,567.
What is the most expensive home in Mount Desert?
The most expensive home sold in Mount Desert had a price of $13,137,300.
What is currently the cheapest priced home in Mount Desert, ME?
The cheapest home for sale in Mount Desert is priced at $66,222.

Living in Mount Desert, ME

Mount Desert, ME, is a charming town located on Mount Desert Island, known for its exceptional access to Acadia National Park and stunning views of the Atlantic Ocean. The town combines natural beauty with a vibrant community atmosphere, offering residents and visitors numerous recreational activities and seasonal events. With a rich maritime history and a close-knit community, Mount Desert is an ideal location for those seeking a tranquil lifestyle in a picturesque setting.

Current Market Conditions in Mount Desert, ME

The current real estate market in Mount Desert shows a strong demand for waterfront properties, with many buyers seeking summer homes in this desirable coastal region. The combination of natural beauty, outdoor amenities, and a charming community atmosphere continues to attract families and retirees. Recent statistics indicate a balanced market with a slight increase in home values over the past few months, thanks to the ongoing popularity of the area as a vacation destination.

In the last year, the local real estate market has demonstrated resilience despite broader economic challenges, with an uptick in home sales and steady price appreciation. Buyers are particularly interested in properties that offer proximity to Acadia National Park and the waterfront. The appeal of the area for both year-round living and vacation rentals has contributed to heightened interest and competitive offers.

Home Value Estimator For Mount Desert, ME

There are currently 1,860 real estate properties in Mount Desert, ME, with a median automated valuation model (AVM) price of $838,332.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mount Desert, 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 Mount Desert, ME, is $1,502,206.00, with the most expensive house in Mount Desert, ME, topping out at $13,137,300.00 and the cheapest home in Mount Desert, ME, clocking in at $66,222.00. In other words, there’s something for every potential homebuyer or savvy investor in Mount Desert, ME!

Rent Prices In Mount Desert, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mount Desert, ME, is on a rollercoaster ride. The average rent price in Mount Desert, ME, is $1,567.00. Indeed, when looking to rent in Mount Desert, ME, you can expect to pay as little as $870.00 or as much as $1,660.00, with the average rent median estimated to be $1,660.00. The good news is that finding an affordable and desirable property to rent in Mount Desert, 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.

Mount Desert, ME Multi-family Homes


Market Trend for Mount Desert, ME

Total Listings Available: 0

Market Values:

Home Prices from $66,222 to $13,137,300

Average Sales Price: $1,502,206

Rental Values:

Rental from $870 to $1,660

Average Rent Value: $1,567 / month

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