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 offering a peaceful environment surrounded by stunning natural beauty. The region is ideal for outdoor enthusiasts, with numerous lakes and hiking trails. Its friendly community and good local schools make it a great place for families and those looking for a slower pace of life.
Current Market Conditions in Detroit, ME
The Detroit real estate market is currently stable, with a modest number of homes available for sale. The demand remains relatively strong among home buyers looking for affordable options away from urban centers. The prices are reasonable, catering to first-time buyers and those wishing to downsize.
Recent trends have shown a gradual increase in home values over the past year, as more people look to relocate to quieter areas amidst changing lifestyle preferences. Homeownership remains the path many take here, as rental options are limited.
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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