Living in Harmony, ME
Harmony, ME, is a quaint and tranquil town surrounded by scenic nature and rich outdoor activities. Known for its affordable real estate, it offers a variety of recreational opportunities for residents and families. The peaceful lifestyle combined with a supportive community makes it a prime location for real estate investment.
Current Market Conditions in Harmony, ME
The real estate market in Harmony is currently favorable for investors, with home prices remaining relatively low compared to surrounding areas. This trend, combined with a growing interest in rural living, presents an opportunity for investors to capitalize on the housing market's upward potential.
As more people look for affordable housing options away from crowded urban centers, Harmony's appeal is expected to grow. Investors can find a variety of property types at competitive prices, making this an optimal time to invest in the area.
Home Value Estimator For Harmony, ME
There are currently 241 real estate properties
in Harmony, ME,
with a median automated valuation model (AVM) price
of $199,807.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Harmony, 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 Harmony, ME,
is $217,343.00, with the most expensive house
in Harmony, ME, topping out
at $707,154.00 and the cheapest home
in Harmony, ME,
clocking in at $24,625.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Harmony, ME!
Rent Prices
In Harmony, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Harmony, ME, is on
a rollercoaster ride. The
average rent price in Harmony, ME,
is $865.00. Indeed, when looking to rent in
Harmony, ME, you can expect to pay as little
as $830.00 or as much
as $1,190.00,
with the average rent median estimated to
be $830.00. The good news is that finding
an affordable and desirable property to rent in Harmony, 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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