Mount Vernon, ME Foreclosures
How much do homes sell for in Mount Vernon, ME?
The average home price is currently $398,012.
In Mount Vernon, ME, how many homes are available?
There are currently 2 active home listings available in Mount Vernon.
What’s the average rental cost in Mount Vernon, ME?
The average rental price in Mount Vernon is $1,158.
What is the most expensive home in Mount Vernon?
The most expensive home sold in Mount Vernon had a price of $11,789,426.
What is currently the cheapest priced home in Mount Vernon, ME?
The cheapest home for sale in Mount Vernon is priced at $34,275.
Living in Mount Vernon, ME
Mount Vernon, Maine, is a scenic and tranquil town famous for its natural beauty and outdoor activities. Surrounded by beautiful lakes and wooded areas, it provides a perfect retreat for nature lovers and outdoor enthusiasts. With a welcoming community atmosphere, it's an ideal place for families and retirees looking for peace and serenity.
Current Market Conditions in Mount Vernon, ME
The real estate market in Mount Vernon, ME, is currently experiencing a steady demand, with a noticeable interest from buyers seeking vacation homes and permanent residences. The scenic beauty and friendly community have made it a desirable area for real estate investment, especially among those looking to escape urban living. The market is characterized by a mix of single-family homes, seasonal cottages, and land for sale, appealing to a broad range of potential buyers.
Recent trends indicate a slight uptick in home values, as more people look to move to areas with lower population density and abundant outdoor recreation. Homes in desirable locations near lakes tend to sell quickly, while properties a bit further from the water provide more affordability for buyers.
Home Value Estimator For Mount Vernon, ME
There are currently 1,035 real estate properties
in Mount Vernon, ME,
with a median automated valuation model (AVM) price
of $345,658.00. 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 Vernon, 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 Vernon, ME,
is $398,012.00, with the most expensive house
in Mount Vernon, ME, topping out
at $11,789,426.00 and the cheapest home
in Mount Vernon, ME,
clocking in at $34,275.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mount Vernon, ME!
Rent Prices
In Mount Vernon, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mount Vernon, ME, is on
a rollercoaster ride. The
average rent price in Mount Vernon, ME,
is $1,158.00. Indeed, when looking to rent in
Mount Vernon, ME, you can expect to pay as little
as $1,000.00 or as much
as $1,490.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Mount Vernon, 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
