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Short Sale Listings in Alfred, ME

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Living in Alfred, ME

Alfred, ME is a picturesque small town that offers a perfect blend of tranquility and accessibility. With its historic charm and a strong sense of community, residents enjoy a relaxed lifestyle alongside various outdoor activities. The town's location allows easy access to larger cities while maintaining a rural ambiance.

Current Market Conditions in Alfred, ME

The current real estate market in Alfred is experiencing steady growth as more buyers seek homes in serene and picturesque areas. The demand for properties has led to a slight increase in average home prices over the past year, indicating a healthy market for investors.

As families and retirees gravitate toward towns like Alfred, the trend is expected to continue, with increasing interest in both residential and vacation properties. The market remains competitive, making it necessary for potential investors to act quickly to secure desirable listings.

Home Value Estimator For Alfred, ME

There are currently 1,266 real estate properties in Alfred, ME, with a median automated valuation model (AVM) price of $428,221.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Alfred, 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 Alfred, ME, is $434,707.00, with the most expensive house in Alfred, ME, topping out at $2,952,767.00 and the cheapest home in Alfred, ME, clocking in at $35,112.00. In other words, there’s something for every potential homebuyer or savvy investor in Alfred, ME!

Rent Prices In Alfred, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Alfred, ME, is on a rollercoaster ride. The average rent price in Alfred, ME, is $1,449.00. Indeed, when looking to rent in Alfred, ME, you can expect to pay as little as $910.00 or as much as $2,020.00, with the average rent median estimated to be $1,470.00. The good news is that finding an affordable and desirable property to rent in Alfred, 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.

Alfred, ME Short Sale Listings


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