Hancock, ME Foreclosures
How much do homes sell for in Hancock, ME?
The average home price is currently $318,665.
In Hancock, ME, how many homes are available?
There are currently 22 active home listings available in Hancock.
What’s the average rental cost in Hancock, ME?
The average rental price in Hancock is $1,089.
What is the most expensive home in Hancock?
The most expensive home sold in Hancock had a price of $2,787,458.
What is currently the cheapest priced home in Hancock, ME?
The cheapest home for sale in Hancock is priced at $24,652.
Living in Hancock, ME
Hancock, ME, is a charming coastal town on Frenchman Bay known for its scenic views and outdoor recreational activities. With a close-knit community and a serene environment, Hancock is ideal for those seeking a tranquil lifestyle surrounded by nature. Local amenities and proximity to Acadia National Park make it an appealing destination for families and outdoor enthusiasts alike.
Current Market Conditions in Hancock, ME
The real estate market in Hancock, ME, has seen a steady growth in recent years, driven by increased interest in coastal properties and the appeal of rural living. Homes in this area tend to retain their value due to the limited inventory and high demand among buyers looking for vacation homes or permanent residences in Maine.
Recent trends indicate that median home prices have risen, as more families and individuals seek refuge in smaller, more affordable towns. New construction projects are also on the rise as developers look to meet the growing demand, though the pace of new listings has struggled to keep up with buyer interest.
Home Value Estimator For Hancock, ME
There are currently 943 real estate properties
in Hancock, ME,
with a median automated valuation model (AVM) price
of $253,074.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hancock, 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 Hancock, ME,
is $318,665.00, with the most expensive house
in Hancock, ME, topping out
at $2,787,458.00 and the cheapest home
in Hancock, ME,
clocking in at $24,652.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hancock, ME!
Rent Prices
In Hancock, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hancock, ME, is on
a rollercoaster ride. The
average rent price in Hancock, ME,
is $1,089.00. Indeed, when looking to rent in
Hancock, ME, you can expect to pay as little
as $920.00 or as much
as $1,210.00,
with the average rent median estimated to
be $1,070.00. The good news is that finding
an affordable and desirable property to rent in Hancock, 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
