Hermon, ME Foreclosures
How much do homes sell for in Hermon, ME?
The average home price is currently $383,673.
In Hermon, ME, how many homes are available?
There are currently 9 active home listings available in Hermon.
What’s the average rental cost in Hermon, ME?
The average rental price in Hermon is $1,267.
What is the most expensive home in Hermon?
The most expensive home sold in Hermon had a price of $4,230,753.
What is currently the cheapest priced home in Hermon, ME?
The cheapest home for sale in Hermon is priced at $37,121.
Living in Hermon, ME
Hermon, ME is a peaceful town that blends rural charm with modern conveniences. Its serene environment is ideal for families and outdoor enthusiasts, while still being close to urban amenities in nearby Bangor. With good schools and community involvement, it's a great place to call home.
Current Market Conditions in Hermon, ME
The real estate market in Hermon, ME, has shown steady growth over the past year, with a noticeable increase in demand for single-family homes. The affordability of homes in this area, combined with its favorable location near Bangor, has made Hermon an attractive option for buyers seeking more space and a quieter lifestyle.
Recently, properties in Hermon have experienced quicker sales, and buyers are eager to invest due to the current low interest rates. The demand has also led to a slight increase in home prices, aligning closely with the overall trend seen across the state.
Home Value Estimator For Hermon, ME
There are currently 2,610 real estate properties
in Hermon, ME,
with a median automated valuation model (AVM) price
of $363,402.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hermon, 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 Hermon, ME,
is $383,673.00, with the most expensive house
in Hermon, ME, topping out
at $4,230,753.00 and the cheapest home
in Hermon, ME,
clocking in at $37,121.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hermon, ME!
Rent Prices
In Hermon, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hermon, ME, is on
a rollercoaster ride. The
average rent price in Hermon, ME,
is $1,267.00. Indeed, when looking to rent in
Hermon, ME, you can expect to pay as little
as $810.00 or as much
as $1,720.00,
with the average rent median estimated to
be $1,220.00. The good news is that finding
an affordable and desirable property to rent in Hermon, 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
