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Single-family Foreclosures in Bingham, ME 04920

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Bingham, ME Foreclosures

How much do homes sell for in Bingham, ME?
The average home price is currently $180,030.
In Bingham, ME, how many homes are available?
There are currently 2 active home listings available in Bingham.
What’s the average rental cost in Bingham, ME?
The average rental price in Bingham is $957.
What is the most expensive home in Bingham?
The most expensive home sold in Bingham had a price of $1,056,530.
What is currently the cheapest priced home in Bingham, ME?
The cheapest home for sale in Bingham is priced at $22,800.

Living in Bingham, ME

Bingham, Maine, is a small yet vibrant town in Somerset County, surrounded by natural beauty and rich history. With access to outdoor recreational activities and a friendly community atmosphere, Bingham is ideal for families and outdoor enthusiasts. Explore historical sites, enjoy local events, and embrace the laid-back lifestyle that this charming town has to offer.

Current Market Conditions in Bingham, ME

The current real estate market in Bingham is stable, with a modest increase in property values due to the growing interest in rural living. With the pandemic influencing a shift toward remote work and outdoor lifestyles, Bingham has seen an influx of buyers seeking peaceful retreats from urban areas.

Properties in Bingham tend to stay on the market for a fairly short period, indicating a favorable selling climate. First-time homebuyers and retirees looking to settle in tranquil surroundings are particularly drawn to the area, which is reflected in the demand for homes.

Home Value Estimator For Bingham, ME

There are currently 419 real estate properties in Bingham, ME, with a median automated valuation model (AVM) price of $155,790.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bingham, 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 Bingham, ME, is $180,030.00, with the most expensive house in Bingham, ME, topping out at $1,056,530.00 and the cheapest home in Bingham, ME, clocking in at $22,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Bingham, ME!

Rent Prices In Bingham, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bingham, ME, is on a rollercoaster ride. The average rent price in Bingham, ME, is $957.00. Indeed, when looking to rent in Bingham, ME, you can expect to pay as little as $650.00 or as much as $1,350.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Bingham, 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.

Bingham, ME 04920 Single-family Homes


Market Trend for Bingham, ME

Total Listings Available: 2

Market Values:

Home Prices from $22,800 to $1,056,530

Average Sales Price: $180,030

Rental Values:

Rental from $650 to $1,350

Average Rent Value: $957 / month

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