Cherryfield, ME Foreclosures
How much do homes sell for in Cherryfield, ME?
The average home price is currently $196,110.
What’s the average rental cost in Cherryfield, ME?
The average rental price in Cherryfield is $1,000.
What is the most expensive home in Cherryfield?
The most expensive home sold in Cherryfield had a price of $731,484.
What is currently the cheapest priced home in Cherryfield, ME?
The cheapest home for sale in Cherryfield is priced at $16,024.
Living in Cherryfield, ME
Cherryfield, ME is a small, charming town in Washington County known for its beautiful natural surroundings and strong community spirit. With outdoor activities and local amenities, it offers a peaceful living experience ideal for families. The town is rich in culture and history, making it a quaint destination in Downeast Maine.
Current Market Conditions in Cherryfield, ME
The real estate market in Cherryfield has seen a steady increase in demand, particularly for single-family homes that cater to families and retirees. The area has become an appealing choice for those looking to escape busy urban environments while still enjoying a sense of community.
Currently, the market is characterized by a limited inventory of homes, which has led to rising prices. Sellers are often receiving multiple offers, reflecting the attractiveness of Cherryfield as a desirable place to live, especially among those seeking a quieter lifestyle.
Home Value Estimator For Cherryfield, ME
There are currently 440 real estate properties
in Cherryfield, ME,
with a median automated valuation model (AVM) price
of $171,416.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cherryfield, 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 Cherryfield, ME,
is $196,110.00, with the most expensive house
in Cherryfield, ME, topping out
at $731,484.00 and the cheapest home
in Cherryfield, ME,
clocking in at $16,024.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cherryfield, ME!
Rent Prices
In Cherryfield, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cherryfield, ME, is on
a rollercoaster ride. The
average rent price in Cherryfield, ME,
is $1,000.00. Indeed, when looking to rent in
Cherryfield, ME, you can expect to pay as little
as $640.00 or as much
as $1,350.00,
with the average rent median estimated to
be $950.00. The good news is that finding
an affordable and desirable property to rent in Cherryfield, 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
