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Foreclosures in Bingham, ME

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Living in Bingham, ME

Bingham, ME, is a quaint town surrounded by natural beauty, offering an exceptional quality of life. Residents enjoy outdoor activities, community events, and a close-knit atmosphere. With affordable housing and a growing real estate market, it's an appealing location for investors.

Current Market Conditions in Bingham, ME

The real estate market in Bingham is currently experiencing a gradual increase in property values, driven by a steady demand for affordable homes in rural settings. Investors are seeing potential returns as more people seek to escape urban centers for quieter, more scenic living.

As a result of its affordability and quality lifestyle, Bingham has become a point of interest for those considering second homes or vacation properties, further stimulating the local housing market.

Home Value Estimator For Bingham, ME

There are currently 417 real estate properties in Bingham, ME, with a median automated valuation model (AVM) price of $143,702.00. 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 $168,722.00, with the most expensive house in Bingham, ME, topping out at $1,005,673.00 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 Foreclosures


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