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Short Sale Listings in Durham, ME

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Durham, ME Foreclosures

How much do homes sell for in Durham, ME?
The average home price is currently $459,557.
In Durham, ME, how many homes are available?
There are currently 1 active home listings available in Durham.
What’s the average rental cost in Durham, ME?
The average rental price in Durham is $1,465.
What is the most expensive home in Durham?
The most expensive home sold in Durham had a price of $1,170,567.
What is currently the cheapest priced home in Durham, ME?
The cheapest home for sale in Durham is priced at $35,100.

Living in Durham, ME

Located in Androscoggin County, Durham, ME offers a serene rural lifestyle with a tight-knit community atmosphere. Surrounded by beautiful landscapes and abundant outdoor activities, it's perfect for families or those seeking peace away from urban life. Excellent schools and local amenities enhance the charm of this picturesque town.

Current Market Conditions in Durham, ME

The real estate market in Durham is currently showing signs of stability, with a balanced mix of supply and demand. The area's rural charm continues to attract buyers looking for homes surrounded by nature, resulting in steady property values.

In recent months, Durham has experienced an uptick in real estate activity, particularly among families looking to relocate. The demand for homes with space, outdoor areas, and a family-friendly environment has pushed prices upward slightly, while still keeping them competitive compared to nearby urban markets.

Home Value Estimator For Durham, ME

There are currently 1,582 real estate properties in Durham, ME, with a median automated valuation model (AVM) price of $457,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Durham, 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 Durham, ME, is $459,557.00, with the most expensive house in Durham, ME, topping out at $1,170,567.00 and the cheapest home in Durham, ME, clocking in at $35,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Durham, ME!

Rent Prices In Durham, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Durham, ME, is on a rollercoaster ride. The average rent price in Durham, ME, is $1,465.00. Indeed, when looking to rent in Durham, ME, you can expect to pay as little as $1,240.00 or as much as $1,470.00, with the average rent median estimated to be $1,470.00. The good news is that finding an affordable and desirable property to rent in Durham, 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.

Durham, ME Short Sale Listings


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