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 quaint town nestled in the heart of the Western Mountains. Known for its outdoor recreational opportunities, it’s a great place to enjoy activities like fishing, hiking, and skiing. With a friendly community atmosphere, Bingham offers a peaceful living environment surrounded by nature.
Current Market Conditions in Bingham, ME
The current real estate market in Bingham is relatively stable, with a mix of affordable homes and vacation properties available. The area has seen a steady demand, primarily from buyers looking for summer homes and investment properties due to its scenic beauty and outdoor attractions. Home values have remained consistent, with a slight increase observed in the last year.
Over the past year, Bingham has seen a gradual appreciation in property values, driven by an increase in interest from out-of-state buyers seeking a retreat in a rural environment. The market is characterized by a limited inventory of homes, which tends to favor sellers, leading to quicker sales and competitive offers in desirable neighborhoods.
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.
Learn more on Foreclosure homes
