Fort Fairfield, ME Foreclosures
How much do homes sell for in Fort Fairfield, ME?
The average home price is currently $164,913.
In Fort Fairfield, ME, how many homes are available?
There are currently 5 active home listings available in Fort Fairfield.
What’s the average rental cost in Fort Fairfield, ME?
The average rental price in Fort Fairfield is $915.
What is the most expensive home in Fort Fairfield?
The most expensive home sold in Fort Fairfield had a price of $2,173,721.
What is currently the cheapest priced home in Fort Fairfield, ME?
The cheapest home for sale in Fort Fairfield is priced at $25,180.
Living in Fort Fairfield, ME
Fort Fairfield, located in northern Maine, is a small town known for its rich agricultural background and friendly community. With its scenic views and historic sites, it offers a peaceful lifestyle suited for families and retirees alike. Outdoor enthusiasts will appreciate the area's recreational opportunities, including nearby parks and waterways.
Current Market Conditions in Fort Fairfield, ME
The current real estate market in Fort Fairfield is characterized by a stable demand, particularly for single-family homes and agricultural properties. The town's affordability compared to more urban areas attracts first-time homebuyers and families seeking a quieter lifestyle. Inventory levels have remained steady, which, combined with reasonable house prices, creates a competitive yet accessible market for buyers. Moreover, the charm of Fort Fairfield, alongside its friendly community and outdoor opportunities, frequently brings in new residents, contributing to gradual market growth.
For the past few years, experts have noted a rising trend in property values as more people look to relocate to rural areas. This trend is likely driven by the increased popularity of remote work and a city exodus accelerated by the pandemic.
Home Value Estimator For Fort Fairfield, ME
There are currently 1,398 real estate properties
in Fort Fairfield, ME,
with a median automated valuation model (AVM) price
of $138,549.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fort Fairfield, 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 Fort Fairfield, ME,
is $164,913.00, with the most expensive house
in Fort Fairfield, ME, topping out
at $2,173,721.00 and the cheapest home
in Fort Fairfield, ME,
clocking in at $25,180.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fort Fairfield, ME!
Rent Prices
In Fort Fairfield, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fort Fairfield, ME, is on
a rollercoaster ride. The
average rent price in Fort Fairfield, ME,
is $915.00. Indeed, when looking to rent in
Fort Fairfield, ME, you can expect to pay as little
as $780.00 or as much
as $1,350.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Fort Fairfield, 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.