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Short Sale Listings in Biddeford, ME

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Living in Biddeford, ME

Biddeford, ME is a charming coastal city offering a blend of historical architecture and modern amenities. Nestled by the Saco River and near sandy beaches, it is perfect for outdoor activities and community living. Biddeford features a rich cultural scene, quality educational institutions, and a welcoming atmosphere for families and young professionals alike.

Current Market Conditions in Biddeford, ME

The real estate market in Biddeford has been seeing steadily increasing demand, with an influx of new residents drawn to its coastal lifestyle and affordable housing options compared to neighboring areas. The current trend indicates a preference for single-family homes among buyers, with many looking for properties that allow for a blend of work and leisure.

Developments in the downtown area have garnered interest, as new businesses and amenities continue to emerge. This growth has contributed to rising property values, which are expected to keep increasing in the near future as more people discover the benefits of living in Biddeford.

Home Value Estimator For Biddeford, ME

There are currently 6,765 real estate properties in Biddeford, ME, with a median automated valuation model (AVM) price of $496,065.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Biddeford, 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 Biddeford, ME, is $663,560.00, with the most expensive house in Biddeford, ME, topping out at $11,166,783.00 and the cheapest home in Biddeford, ME, clocking in at $14,220.00. In other words, there’s something for every potential homebuyer or savvy investor in Biddeford, ME!

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.

Biddeford, ME Short Sale Listings


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