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Foreclosure Homes in Freeport, ME 04032

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Freeport, ME Foreclosures

How much do homes sell for in Freeport, ME?
The average home price is currently $790,868.
In Freeport, ME, how many homes are available?
There are currently 5 active home listings available in Freeport.
What’s the average rental cost in Freeport, ME?
The average rental price in Freeport is $1,918.
What is the most expensive home in Freeport?
The most expensive home sold in Freeport had a price of $34,180,288.
What is currently the cheapest priced home in Freeport, ME?
The cheapest home for sale in Freeport is priced at $38,597.

Living in Freeport, ME

Freeport, ME, is a delightful coastal town famed for its outlet shopping and scenic outdoor life. Residents enjoy access to beautiful beaches, parks, and a lively community atmosphere with numerous events. It combines small-town charm with convenience, offering a wonderful place to live for families and outdoor enthusiasts alike.

Current Market Conditions in Freeport, ME

The real estate market in Freeport is currently vibrant, with a mix of historic homes and new developments. Demand for properties is strong due to the area's desirable lifestyle and proximity to the coast. Home prices have been steadily increasing, reflecting the growth in demand and the area's charm.

Recent trends indicate a competitive market due to low inventory levels; many homes receive multiple offers. This highlights a growing interest in the Freeport area, driven by its appeal to both local buyers and those relocating from urban centers seeking a quieter lifestyle.

Home Value Estimator For Freeport, ME

There are currently 3,885 real estate properties in Freeport, ME, with a median automated valuation model (AVM) price of $625,170.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Freeport, 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 Freeport, ME, is $790,868.00, with the most expensive house in Freeport, ME, topping out at $34,180,288.00 and the cheapest home in Freeport, ME, clocking in at $38,597.00. In other words, there’s something for every potential homebuyer or savvy investor in Freeport, ME!

Rent Prices In Freeport, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Freeport, ME, is on a rollercoaster ride. The average rent price in Freeport, ME, is $1,918.00. Indeed, when looking to rent in Freeport, ME, you can expect to pay as little as $830.00 or as much as $2,940.00, with the average rent median estimated to be $1,900.00. The good news is that finding an affordable and desirable property to rent in Freeport, 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.

Freeport, ME 04032 Foreclosures

Market Trend for Freeport, ME

Total Listings Available: 5

Market Values:

Home Prices from $38,597 to $34,180,288

Average Sales Price: $790,868

Rental Values:

Rental from $830 to $2,940

Average Rent Value: $1,918 / month

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