Friendship, ME Foreclosures
How much do homes sell for in Friendship, ME?
The average home price is currently $491,090.
In Friendship, ME, how many homes are available?
There are currently 1 active home listings available in Friendship.
What’s the average rental cost in Friendship, ME?
The average rental price in Friendship is $1,255.
What is the most expensive home in Friendship?
The most expensive home sold in Friendship had a price of $7,233,952.
What is currently the cheapest priced home in Friendship, ME?
The cheapest home for sale in Friendship is priced at $53,756.
Living in Friendship, ME
Friendship, ME is a picturesque coastal village known for its charming harbor and welcoming community. With a variety of recreational activities and local amenities, it's an ideal location for both families and retirees seeking a peaceful lifestyle. Residents enjoy stunning natural beauty and a strong sense of community.
Current Market Conditions in Friendship, ME
The real estate market in Friendship has shown resilience, with a steady demand for properties. As of late 2023, home values have been steadily increasing due to the area's appeal as a coastal retreat. The limited inventory, combined with interest from buyers seeking vacation homes or permanent residences, contributes to favorable conditions for sellers.
Investors and first-time homebuyers alike are noticing the potential in Friendship, with many properties offering a good balance of price, location, and potential for appreciation. The local market has successfully attracted those interested in sustainable living and natural surroundings, further driving interest in both new and existing homes.
Home Value Estimator For Friendship, ME
There are currently 783 real estate properties
in Friendship, ME,
with a median automated valuation model (AVM) price
of $392,894.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Friendship, 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 Friendship, ME,
is $491,090.00, with the most expensive house
in Friendship, ME, topping out
at $7,233,952.00 and the cheapest home
in Friendship, ME,
clocking in at $53,756.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Friendship, ME!
Rent Prices
In Friendship, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Friendship, ME, is on
a rollercoaster ride. The
average rent price in Friendship, ME,
is $1,255.00. Indeed, when looking to rent in
Friendship, ME, you can expect to pay as little
as $1,000.00 or as much
as $1,350.00,
with the average rent median estimated to
be $1,280.00. The good news is that finding
an affordable and desirable property to rent in Friendship, 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.
Learn more on Foreclosure homes
