Foreclosures in Biddeford, ME

Current Market Conditions in Biddeford, ME

The Biddeford real estate market is currently experiencing growth, with a steady increase in home values and interest from buyers. As development continues in the area, particularly in the downtown region, demand for housing is expected to rise, making it a promising investment opportunity for real estate investors.

Despite the rising prices, Biddeford still offers relatively affordable housing options compared to nearby coastal communities. The city's unique character and growing amenities put it on the map as a desirable location for prospective homebuyers, making it an excellent time for investors to consider properties in this market.

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.