Living in Cornish, ME
Cornish is a charming town located in the beautiful state of Maine. It is known for its scenic landscapes, friendly community, and rich history. With a variety of outdoor activities and local amenities, Cornish offers a peaceful lifestyle surrounded by nature.
Current Market Conditions in Cornish, ME
The Cornish real estate market has shown resilience with an increase in home values over the past year, as more people seek the tranquil lifestyle that this town offers. Demand for properties has risen, with particular interest in homes near recreational areas.
Currently, the market is balanced, with a mix of homes available for both buyers and sellers. There is a healthy inventory of listings, from historic properties to newer construction homes, catering to a variety of tastes and budgets.
Home Value Estimator For Cornish, ME
There are currently 613 real estate properties
in Cornish, ME,
with a median automated valuation model (AVM) price
of $361,896.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cornish, 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 Cornish, ME,
is $364,354.00, with the most expensive house
in Cornish, ME, topping out
at $1,067,371.00 and the cheapest home
in Cornish, ME,
clocking in at $55,646.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cornish, ME!
Rent Prices
In Cornish, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cornish, ME, is on
a rollercoaster ride. The
average rent price in Cornish, ME,
is $1,275.00. Indeed, when looking to rent in
Cornish, ME, you can expect to pay as little
as $810.00 or as much
as $1,600.00,
with the average rent median estimated to
be $1,240.00. The good news is that finding
an affordable and desirable property to rent in Cornish, 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.