Detroit, ME Foreclosures
How much do homes sell for in Detroit, ME?
The average home price is currently $219,131.
In Detroit, ME, how many homes are available?
There are currently 1 active home listings available in Detroit.
What’s the average rental cost in Detroit, ME?
The average rental price in Detroit is $1,004.
What is the most expensive home in Detroit?
The most expensive home sold in Detroit had a price of $954,314.
What is currently the cheapest priced home in Detroit, ME?
The cheapest home for sale in Detroit is priced at $20,330.
Living in Detroit, ME
Detroit, ME is a quaint town that combines natural beauty with a peaceful living environment. Residents have access to outdoor activities such as hiking and fishing, and enjoy a strong sense of community. Nearby amenities and schools make it a comfortable option for families and retirees.
Current Market Conditions in Detroit, ME
The real estate market in Detroit, ME is currently favoring buyers, with reasonable options available below the national average price point. There has been a steady increase in inventory, allowing for more choices for prospective home buyers. Homes tend to stay on the market for a reasonable amount of time, reflecting the healthy competition in the area.
In recent months, the area has seen a slight uptick in home prices due to increased interest from families looking for affordable housing options. However, the overall cost of living remains low compared to larger urban areas in Maine.
Home Value Estimator For Detroit, ME
There are currently 290 real estate properties
in Detroit, ME,
with a median automated valuation model (AVM) price
of $200,749.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Detroit, 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 Detroit, ME,
is $219,131.00, with the most expensive house
in Detroit, ME, topping out
at $954,314.00 and the cheapest home
in Detroit, ME,
clocking in at $20,330.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Detroit, ME!
Rent Prices
In Detroit, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Detroit, ME, is on
a rollercoaster ride. The
average rent price in Detroit, ME,
is $1,004.00. Indeed, when looking to rent in
Detroit, ME, you can expect to pay as little
as $890.00 or as much
as $1,380.00,
with the average rent median estimated to
be $1,000.00. The good news is that finding
an affordable and desirable property to rent in Detroit, 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.
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