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Foreclosures in East Millinocket, ME

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East Millinocket, ME Foreclosures

How much do homes sell for in East Millinocket, ME?
The average home price is currently $152,605.
In East Millinocket, ME, how many homes are available?
There are currently 3 active home listings available in East Millinocket.
What’s the average rental cost in East Millinocket, ME?
The average rental price in East Millinocket is $814.
What is the most expensive home in East Millinocket?
The most expensive home sold in East Millinocket had a price of $1,941,057.
What is currently the cheapest priced home in East Millinocket, ME?
The cheapest home for sale in East Millinocket is priced at $25,712.

Living in East Millinocket, ME

East Millinocket, Maine, is a quaint town known for its scenic landscapes and friendly community. Nestled in Penobscot County, it offers a perfect blend of outdoor activities and small-town charm. Residents enjoy access to nature while being close to a larger town for additional amenities and services.

Current Market Conditions in East Millinocket, ME

The current real estate market in East Millinocket is characterized by a low inventory of available homes, leading to increased demand and competitive pricing. With its favorable location and natural beauty, the area has become attractive to both families and retirees seeking a peaceful lifestyle. Home values have steadily increased, making it an appealing investment opportunity for buyers.

The rise in remote work has also influenced interest in East Millinocket, as more individuals are looking to relocate to quieter areas with access to nature while maintaining connectivity options.

Home Value Estimator For East Millinocket, ME

There are currently 729 real estate properties in East Millinocket, ME, with a median automated valuation model (AVM) price of $142,643.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in East Millinocket, 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 East Millinocket, ME, is $152,605.00, with the most expensive house in East Millinocket, ME, topping out at $1,941,057.00 and the cheapest home in East Millinocket, ME, clocking in at $25,712.00. In other words, there’s something for every potential homebuyer or savvy investor in East Millinocket, ME!

Rent Prices In East Millinocket, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in East Millinocket, ME, is on a rollercoaster ride. The average rent price in East Millinocket, ME, is $814.00. Indeed, when looking to rent in East Millinocket, ME, you can expect to pay as little as $770.00 or as much as $1,420.00, with the average rent median estimated to be $770.00. The good news is that finding an affordable and desirable property to rent in East Millinocket, 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.

East Millinocket, ME Foreclosures

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