Foreclosure Homes in Auburn, ME

Buyer vs Seller Market in Auburn, ME

The real estate market in Auburn is currently experiencing a resurgence, with home prices showing steady appreciation over the past year. The demand for homes has increased due to the city’s desirable characteristics, which include a family-friendly environment, access to outdoor activities, and a solid educational infrastructure.

Many homes in Auburn remain competitive in pricing, but the market is increasingly favoring sellers as inventory becomes limited. This trend indicates a growing confidence in the local economy and an influx of buyers seeking the unique charm that Auburn offers.

Rent Prices In Auburn, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Auburn, ME, is on a rollercoaster ride. The average rent price in Auburn, ME, is $1,212.00. Indeed, when looking to rent in Auburn, ME, you can expect to pay as little as $720.00 or as much as $1,920.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Auburn, 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.