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Foreclosure Homes in Albion, ME

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Albion, ME Foreclosures

How much do homes sell for in Albion, ME?
The average home price is currently $258,902.
In Albion, ME, how many homes are available?
There are currently 4 active home listings available in Albion.
What’s the average rental cost in Albion, ME?
The average rental price in Albion is $973.
What is the most expensive home in Albion?
The most expensive home sold in Albion had a price of $1,510,808.
What is currently the cheapest priced home in Albion, ME?
The cheapest home for sale in Albion is priced at $30,458.

Living in Albion, ME

Albion, ME is a picturesque rural town known for its tight-knit community and natural beauty. With an abundance of outdoor activities, local events, and rich history, it offers a serene environment perfect for both families and retirees. Residents enjoy easy access to nearby towns, ensuring a blend of calm living and modern conveniences.

Current Market Conditions in Albion, ME

Albion’s real estate market is currently seeing low inventory levels, which is driving up property prices. Many homes are receiving multiple offers, indicating a competitive market. Buyers are attracted to the area due to its affordability compared to larger cities nearby, making it a desirable location for families and retirees alike.

The demand for homes in Albion has been steadily increasing, with more buyers looking for properties that offer larger lots and proximity to nature. The market is expected to remain competitive as more people seek the tranquil lifestyle offered in this rural community.

Home Value Estimator For Albion, ME

There are currently 859 real estate properties in Albion, ME, with a median automated valuation model (AVM) price of $244,962.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Albion, 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 Albion, ME, is $258,902.00, with the most expensive house in Albion, ME, topping out at $1,510,808.00 and the cheapest home in Albion, ME, clocking in at $30,458.00. In other words, there’s something for every potential homebuyer or savvy investor in Albion, ME!

Rent Prices In Albion, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Albion, ME, is on a rollercoaster ride. The average rent price in Albion, ME, is $973.00. Indeed, when looking to rent in Albion, ME, you can expect to pay as little as $860.00 or as much as $1,350.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Albion, 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.

Albion, ME Foreclosures


Market Trend for Albion, ME

Total Listings Available: 4

Market Values:

Home Prices from $30,458 to $1,510,808

Average Sales Price: $258,902

Rental Values:

Rental from $860 to $1,350

Average Rent Value: $973 / month

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