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Foreclosures in Arundel, ME

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Living in Arundel, ME

Arundel, ME, is a picturesque town offering a unique blend of rural charm and suburban convenience. It is known for its vibrant community, excellent schools, and abundance of outdoor activities. Investors will find opportunities in this serene location surrounded by nature and amenities.

Current Market Conditions in Arundel, ME

The real estate market in Arundel is currently showing steady growth, with an increasing demand for homes due to the area’s appealing lifestyle and location. Investors can find a mix of properties that cater to families, retirees, and vacation buyers, further boosting the market's attractiveness.

There has been a noticeable trend in buyers looking for homes away from larger cities, driving interest in Arundel as people seek more space and tranquility. Home prices have seen a gradual increase, suggesting a strong investment opportunity for those looking to enter the market at this time.

Home Value Estimator For Arundel, ME

There are currently 1,664 real estate properties in Arundel, ME, with a median automated valuation model (AVM) price of $446,174.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Arundel, 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 Arundel, ME, is $484,169.00, with the most expensive house in Arundel, ME, topping out at $2,536,157.00 and the cheapest home in Arundel, ME, clocking in at $39,382.00. In other words, there’s something for every potential homebuyer or savvy investor in Arundel, ME!

Rent Prices In Arundel, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Arundel, ME, is on a rollercoaster ride. The average rent price in Arundel, ME, is $1,333.00. Indeed, when looking to rent in Arundel, ME, you can expect to pay as little as $970.00 or as much as $2,530.00, 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 Arundel, 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.

Arundel, ME Foreclosures


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