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Short Sale Listings in Brewer, ME

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Living in Brewer, ME

Brewer, Maine, is a charming city located on the eastern banks of the Penobscot River. It is known for its friendly community, small-town atmosphere, and accessibility to the vibrant city of Bangor just across the river. With a mix of suburban comfort and natural beauty, Brewer offers a delightful living experience for families and retirees alike.

Current Market Conditions in Brewer, ME

Brewer's real estate market has seen steady growth over the past year, with demand for housing increasing as more people seek the charm of small-town living while still being near a larger city. The combination of a strong local economy and appealing lifestyle is attracting new buyers looking to settle in the area.

The market remains competitive, with many homes receiving multiple offers, particularly in the family-friendly neighborhoods and those close to schools and parks. This trend is evident in the rising average prices, indicating a healthy demand.

Investors are also becoming more interested in Brewer due to its affordability compared to neighboring areas, making it a promising market for both buyers and renters.

Home Value Estimator For Brewer, ME

There are currently 3,341 real estate properties in Brewer, ME, with a median automated valuation model (AVM) price of $276,368.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Brewer, 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 Brewer, ME, is $308,479.00, with the most expensive house in Brewer, ME, topping out at $5,799,700.00 and the cheapest home in Brewer, ME, clocking in at $21,827.00. In other words, there’s something for every potential homebuyer or savvy investor in Brewer, ME!

Rent Prices In Brewer, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Brewer, ME, is on a rollercoaster ride. The average rent price in Brewer, ME, is $1,185.00. Indeed, when looking to rent in Brewer, ME, you can expect to pay as little as $820.00 or as much as $1,590.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Brewer, 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.

Brewer, ME Short Sale Listings


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