Condo Foreclosures in Biddeford, ME

Current Market Conditions in Biddeford, ME

The real estate market in Biddeford has experienced notable growth over the past year, with an increase in home values driven by rising demand from buyers seeking coastal living. The area has become particularly appealing to both families and retirees looking for a vibrant community with access to nature and amenities.

As more people discover the charm of Biddeford, competition among buyers has intensified, leading to quicker sales and higher average prices. The demand for housing has resulted in several new developments and renovation projects in the downtown area, enhancing the overall appeal of the city.

Rent Prices In Biddeford, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Biddeford, ME, is on a rollercoaster ride. The average rent price in Biddeford, ME, is $1,378.00. Indeed, when looking to rent in Biddeford, ME, you can expect to pay as little as $600.00 or as much as $2,700.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Biddeford, 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.