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Foreclosure Homes in Caribou, ME 04736

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Caribou, ME Foreclosures

How much do homes sell for in Caribou, ME?
The average home price is currently $199,066.
In Caribou, ME, how many homes are available?
There are currently 11 active home listings available in Caribou.
What’s the average rental cost in Caribou, ME?
The average rental price in Caribou is $1,096.
What is the most expensive home in Caribou?
The most expensive home sold in Caribou had a price of $3,676,500.
What is currently the cheapest priced home in Caribou, ME?
The cheapest home for sale in Caribou is priced at $10,080.

Living in Caribou, ME

Caribou, ME, is a friendly small town offering a tight-knit community feel. This area is perfect for outdoor enthusiasts with a variety of activities available through all seasons. With local amenities and a good school system, Caribou balances the charm of small-town life with essential services.

Current Market Conditions in Caribou, ME

The current real estate market in Caribou reflects a balanced environment, with steady demand driven by families seeking affordable housing options as well as retirees attracted to the peaceful lifestyle. Recent statistics show an increase in home sales compared to previous years, indicating a positive trend.

While home prices have remained relatively stable, there is a noticeable increase in the number of homes being renovated or flipped, suggesting a growing interest in revamping older properties. Investors are beginning to explore the potential of Caribou for rental opportunities, particularly in its scenic surroundings.

Home Value Estimator For Caribou, ME

There are currently 3,197 real estate properties in Caribou, ME, with a median automated valuation model (AVM) price of $162,148.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Caribou, 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 Caribou, ME, is $199,066.00, with the most expensive house in Caribou, ME, topping out at $3,676,500.00 and the cheapest home in Caribou, ME, clocking in at $10,080.00. In other words, there’s something for every potential homebuyer or savvy investor in Caribou, ME!

Rent Prices In Caribou, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Caribou, ME, is on a rollercoaster ride. The average rent price in Caribou, ME, is $1,096.00. Indeed, when looking to rent in Caribou, ME, you can expect to pay as little as $970.00 or as much as $1,380.00, with the average rent median estimated to be $1,050.00. The good news is that finding an affordable and desirable property to rent in Caribou, 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.

Caribou, ME 04736 Foreclosures

Market Trend for Caribou, ME

Total Listings Available: 11

Market Values:

Home Prices from $10,080 to $3,676,500

Average Sales Price: $199,066

Rental Values:

Rental from $970 to $1,380

Average Rent Value: $1,096 / month

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