Franklin, ME Foreclosures
How much do homes sell for in Franklin, ME?
The average home price is currently $270,382.
In Franklin, ME, how many homes are available?
There are currently 1 active home listings available in Franklin.
What’s the average rental cost in Franklin, ME?
The average rental price in Franklin is $971.
What is the most expensive home in Franklin?
The most expensive home sold in Franklin had a price of $7,745,100.
What is currently the cheapest priced home in Franklin, ME?
The cheapest home for sale in Franklin is priced at $47,153.
Living in Franklin, ME
Franklin, ME is a quaint, family-friendly town nestled in Hancock County, known for its beautiful landscapes and a strong community spirit. Its proximity to Acadia National Park makes it perfect for nature enthusiasts, while local amenities provide residents with convenience and comfort. Franklin offers a peaceful lifestyle without sacrificing the charm of small-town living.
Current Market Conditions in Franklin, ME
The real estate market in Franklin, ME, has seen a steady rise in demand as more people are searching for homes in peaceful, rural areas. Homes in the neighborhood often attract young families looking for a safe environment for their children, as well as retirees wanting to enjoy the tranquil lifestyle that Franklin offers. As of now, inventory remains relatively low, making it a good time for sellers in the area.
Comparatively, the interest in Franklin has grown significantly over the past year, with more buyers looking to escape urban environments for the serenity that this town has to offer. The market typically features single-family homes that range from historic charmers to modern builds, appealing to a diverse range of potential homeowners.
Home Value Estimator For Franklin, ME
There are currently 582 real estate properties
in Franklin, ME,
with a median automated valuation model (AVM) price
of $230,800.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Franklin, 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 Franklin, ME,
is $270,382.00, with the most expensive house
in Franklin, ME, topping out
at $7,745,100.00 and the cheapest home
in Franklin, ME,
clocking in at $47,153.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Franklin, ME!
Rent Prices
In Franklin, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Franklin, ME, is on
a rollercoaster ride. The
average rent price in Franklin, ME,
is $971.00. Indeed, when looking to rent in
Franklin, ME, you can expect to pay as little
as $760.00 or as much
as $1,420.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Franklin, 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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