Chapman, ME Foreclosures
How much do homes sell for in Chapman, ME?
The average home price is currently $220,364.
What’s the average rental cost in Chapman, ME?
The average rental price in Chapman is $1,156.
What is the most expensive home in Chapman?
The most expensive home sold in Chapman had a price of $541,338.
What is currently the cheapest priced home in Chapman, ME?
The cheapest home for sale in Chapman is priced at $50,789.
Living in Chapman, ME
Chapman, ME is a quaint rural town that offers a peaceful lifestyle surrounded by nature. Known for its friendly community and stunning outdoor recreation opportunities, Chapman is ideal for those seeking tranquility. Convenient access to nearby towns provides residents with essential amenities while maintaining the charm of small-town living.
Current Market Conditions in Chapman, ME
The real estate market in Chapman remains stable, characterized by a healthy mix of single-family homes and rental properties. Many buyers are drawn to the affordability of homes in the area, leading to steady demand. Investors and first-time homebuyers often find Chapman appealing due to its low cost of living and potential for value appreciation.
Recent trends indicate a slight increase in home values over the past year, driven by the limited inventory and consistent interest from buyers seeking homes in the Aroostook region. As more people explore rural living, Chapman is positioned to benefit from this growing trend.
Home Value Estimator For Chapman, ME
There are currently 197 real estate properties
in Chapman, ME,
with a median automated valuation model (AVM) price
of $215,358.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Chapman, 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 Chapman, ME,
is $220,364.00, with the most expensive house
in Chapman, ME, topping out
at $541,338.00 and the cheapest home
in Chapman, ME,
clocking in at $50,789.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Chapman, ME!
Rent Prices
In Chapman, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Chapman, ME, is on
a rollercoaster ride. The
average rent price in Chapman, ME,
is $1,156.00. Indeed, when looking to rent in
Chapman, ME, you can expect to pay as little
as $1,150.00 or as much
as $1,300.00,
with the average rent median estimated to
be $1,150.00. The good news is that finding
an affordable and desirable property to rent in Chapman, 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
