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Foreclosure Homes in Bangor, ME

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Bangor, ME Foreclosures

How much do homes sell for in Bangor, ME?
The average home price is currently $313,409.
In Bangor, ME, how many homes are available?
There are currently 32 active home listings available in Bangor.
What’s the average rental cost in Bangor, ME?
The average rental price in Bangor is $1,321.
What is the most expensive home in Bangor?
The most expensive home sold in Bangor had a price of $14,635,997.
What is currently the cheapest priced home in Bangor, ME?
The cheapest home for sale in Bangor is priced at $19,975.

Living in Bangor, ME

Bangor, ME is a captivating city that blends rich history with modern conveniences. With a strong focus on community, residents enjoy various recreational activities and a well-regarded education system. It's an ideal place for families and investors alike, offering a unique mix of urban and outdoor living.

Current Market Conditions in Bangor, ME

The Bangor real estate market has shown resilience with steady appreciation in property values over the past few years. Demand for homes has increased, largely due to the city's appeal as a family-friendly community and its attractive outdoor lifestyle.

Investors will find Bangor to be a favorable market due to its diverse housing options, ranging from charming historic homes to new developments. The economy is supported by a mix of industries, enhancing job growth and increasing the overall demand for housing.

Home Value Estimator For Bangor, ME

There are currently 9,773 real estate properties in Bangor, ME, with a median automated valuation model (AVM) price of $257,145.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bangor, 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 Bangor, ME, is $313,409.00, with the most expensive house in Bangor, ME, topping out at $14,635,997.00 and the cheapest home in Bangor, ME, clocking in at $19,975.00. In other words, there’s something for every potential homebuyer or savvy investor in Bangor, ME!

Rent Prices In Bangor, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bangor, ME, is on a rollercoaster ride. The average rent price in Bangor, ME, is $1,321.00. Indeed, when looking to rent in Bangor, ME, you can expect to pay as little as $760.00 or as much as $2,090.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Bangor, 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.

Bangor, ME Foreclosures

Market Trend for Bangor, ME

Total Listings Available: 32

Market Values:

Home Prices from $19,975 to $14,635,997

Average Sales Price: $313,409

Rental Values:

Rental from $760 to $2,090

Average Rent Value: $1,321 / month

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