Island Falls, ME Foreclosures
How much do homes sell for in Island Falls, ME?
The average home price is currently $181,428.
In Island Falls, ME, how many homes are available?
There are currently 2 active home listings available in Island Falls.
What’s the average rental cost in Island Falls, ME?
The average rental price in Island Falls is $944.
What is the most expensive home in Island Falls?
The most expensive home sold in Island Falls had a price of $793,436.
What is currently the cheapest priced home in Island Falls, ME?
The cheapest home for sale in Island Falls is priced at $22,540.
Living in Island Falls, ME
Island Falls, Maine is a serene and picturesque town located in Aroostook County, known for its beautiful outdoor landscapes and friendly community atmosphere. It offers a variety of recreational activities, good schools, and a strong sense of local pride, making it an attractive place to live for families and individuals seeking a quieter lifestyle.
Current Market Conditions in Island Falls, ME
The real estate market in Island Falls is currently experiencing a steady demand for homes, driven primarily by the appeal of rural living and outdoor experiences. With limited inventory available, prices are gradually increasing, though they remain competitive compared to larger urban markets. This presents an excellent opportunity for real estate investment, especially for those looking to buy in a tranquil area.
As more individuals look to escape urban centers, the charm of Island Falls is drawing attention from potential buyers. The area continues to see interest from first-time homebuyers and retirees, contributing to sustained market activity and stability.
Home Value Estimator For Island Falls, ME
There are currently 456 real estate properties
in Island Falls, ME,
with a median automated valuation model (AVM) price
of $150,967.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Island Falls, 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 Island Falls, ME,
is $181,428.00, with the most expensive house
in Island Falls, ME, topping out
at $793,436.00 and the cheapest home
in Island Falls, ME,
clocking in at $22,540.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Island Falls, ME!
Rent Prices
In Island Falls, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Island Falls, ME, is on
a rollercoaster ride. The
average rent price in Island Falls, ME,
is $944.00. Indeed, when looking to rent in
Island Falls, ME, you can expect to pay as little
as $770.00 or as much
as $1,310.00,
with the average rent median estimated to
be $950.00. The good news is that finding
an affordable and desirable property to rent in Island Falls, 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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