Living in Cutler, ME
Cutler, ME is a serene coastal town known for its stunning ocean views and outdoor recreational activities. Residents enjoy a peaceful lifestyle surrounded by nature, with easy access to beaches and hiking trails. The community is close-knit, offering a welcoming atmosphere.
Current Market Conditions in Cutler, ME
The real estate market in Cutler, ME has remained stable, with a healthy mix of seasonal homes and properties for year-round living. With the allure of coastal living, property values have seen gradual appreciation over the past few years, bolstered by increased interest from buyers seeking second homes.
As of late 2023, the market has been experiencing a steady influx of buyers due to the desirability of coastal properties, although inventory remains limited. Homes that are well-priced are still attracting buyers quickly, indicating a balanced but competitive market.
Home Value Estimator For Cutler, ME
There are currently 224 real estate properties
in Cutler, ME,
with a median automated valuation model (AVM) price
of $210,813.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cutler, 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 Cutler, ME,
is $250,442.00, with the most expensive house
in Cutler, ME, topping out
at $1,319,811.00 and the cheapest home
in Cutler, ME,
clocking in at $31,402.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cutler, ME!
Rent Prices
In Cutler, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cutler, ME, is on
a rollercoaster ride. The
average rent price in Cutler, ME,
is $860.00. Indeed, when looking to rent in
Cutler, ME, you can expect to pay as little
as $770.00 or as much
as $1,190.00,
with the average rent median estimated to
be $780.00. The good news is that finding
an affordable and desirable property to rent in Cutler, 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
