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Preforeclosure Homes in Boothbay, ME 04537

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Boothbay, ME Foreclosures

How much do homes sell for in Boothbay, ME?
The average home price is currently $591,927.
What’s the average rental cost in Boothbay, ME?
The average rental price in Boothbay is $1,410.
What is the most expensive home in Boothbay?
The most expensive home sold in Boothbay had a price of $6,691,226.
What is currently the cheapest priced home in Boothbay, ME?
The cheapest home for sale in Boothbay is priced at $54,213.

Living in Boothbay, ME

Boothbay, ME, is a picturesque coastal town that offers a blend of natural beauty and small-town charm. Known for its stunning scenery, fresh seafood, and access to outdoor activities, Boothbay is an ideal location for those who appreciate a leisurely lifestyle. With a strong sense of community and plenty of amenities, it is a hidden gem in Lincoln County.

Current Market Conditions in Boothbay, ME

The Boothbay real estate market has shown consistent demand with a steady influx of seasonal residents and buyers looking for vacation homes. Waterfront properties tend to be the most sought after, given the town's location along Maine's rugged coastline. Overall, the market appears to be stable, attracting many visitors and potential homebuyers.

In recent months, there has been a noticeable increase in interest in properties due to the current trend of remote working. Many individuals are seeking the escape that Boothbay provides, resulting in an uptick in property values.

Home Value Estimator For Boothbay, ME

There are currently 1,555 real estate properties in Boothbay, ME, with a median automated valuation model (AVM) price of $458,118.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Boothbay, 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 Boothbay, ME, is $591,927.00, with the most expensive house in Boothbay, ME, topping out at $6,691,226.00 and the cheapest home in Boothbay, ME, clocking in at $54,213.00. In other words, there’s something for every potential homebuyer or savvy investor in Boothbay, ME!

Rent Prices In Boothbay, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Boothbay, ME, is on a rollercoaster ride. The average rent price in Boothbay, ME, is $1,410.00. Indeed, when looking to rent in Boothbay, ME, you can expect to pay as little as $710.00 or as much as $1,660.00, with the average rent median estimated to be $1,460.00. The good news is that finding an affordable and desirable property to rent in Boothbay, 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.

Boothbay, ME 04537 Preforeclosure Homes


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