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Cheap Homes in Augusta, ME

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Augusta, ME Foreclosures

How much do homes sell for in Augusta, ME?
The average home price is currently $298,753.
What’s the average rental cost in Augusta, ME?
The average rental price in Augusta is $1,094.
What is the most expensive home in Augusta?
The most expensive home sold in Augusta had a price of $23,603,318.
What is currently the cheapest priced home in Augusta, ME?
The cheapest home for sale in Augusta is priced at $10,188.

Living in Augusta, ME

Augusta, the capital of Maine, is a charming city that combines historical richness with vibrant community life. It features an array of shopping and dining options, and is surrounded by beautiful parks and outdoor activities. Families and individuals can enjoy a serene lifestyle while being part of an active, close-knit community.

Current Market Conditions in Augusta, ME

The real estate market in Augusta has been steady, with an increase in buyer interest due to the low inventory of homes. As a result, home prices have shown some upward trends over recent months, but they remain affordable compared to larger cities in New England. This trend reflects a growing demand for homes in the area, especially among first-time buyers.

Investment opportunities in Augusta are promising, as the market continues to attract both residential and rental buyers. The average home price has risen, and the demand for rental properties is on the rise, making it an ideal location for real estate investors.

Home Value Estimator For Augusta, ME

There are currently 6,770 real estate properties in Augusta, ME, with a median automated valuation model (AVM) price of $272,297.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Augusta, 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 Augusta, ME, is $298,753.00, with the most expensive house in Augusta, ME, topping out at $23,603,318.00 and the cheapest home in Augusta, ME, clocking in at $10,188.00. In other words, there’s something for every potential homebuyer or savvy investor in Augusta, ME!

Rent Prices In Augusta, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Augusta, ME, is on a rollercoaster ride. The average rent price in Augusta, ME, is $1,094.00. Indeed, when looking to rent in Augusta, ME, you can expect to pay as little as $640.00 or as much as $1,490.00, with the average rent median estimated to be $1,090.00. The good news is that finding an affordable and desirable property to rent in Augusta, 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.

Cheap Homes in Augusta, ME

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