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Cheap Homes in Jay, ME

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Jay, ME Foreclosures

How much do homes sell for in Jay, ME?
The average home price is currently $216,815.
What’s the average rental cost in Jay, ME?
The average rental price in Jay is $1,084.
What is the most expensive home in Jay?
The most expensive home sold in Jay had a price of $1,453,523.
What is currently the cheapest priced home in Jay, ME?
The cheapest home for sale in Jay is priced at $27,340.

Living in Jay, ME

Jay, ME is a serene town known for its strong community and rich outdoor recreational opportunities. It features a blend of small-town living and beautiful natural landscapes, perfect for families and those who love nature. With access to local amenities and a welcoming atmosphere, Jay is an appealing destination for potential homeowners.

Current Market Conditions in Jay, ME

The real estate market in Jay, ME has seen a steady increase in home values due to the appeal of the area's outdoor lifestyle and affordability compared to urban centers. Recent trends indicate consistent buyer interest, particularly from families and retirees seeking a peaceful escape.

Over the past month, home sales have slightly risen, reflective of the sustained demand for affordable housing options in the area. This uptick is supported by a lack of inventory, which continues to put upward pressure on home prices.

Home Value Estimator For Jay, ME

There are currently 1,609 real estate properties in Jay, ME, with a median automated valuation model (AVM) price of $214,199.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Jay, 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 Jay, ME, is $216,815.00, with the most expensive house in Jay, ME, topping out at $1,453,523.00 and the cheapest home in Jay, ME, clocking in at $27,340.00. In other words, there’s something for every potential homebuyer or savvy investor in Jay, ME!

Rent Prices In Jay, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Jay, ME, is on a rollercoaster ride. The average rent price in Jay, ME, is $1,084.00. Indeed, when looking to rent in Jay, ME, you can expect to pay as little as $860.00 or as much as $1,290.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Jay, 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.

Cheap Homes in Jay, ME


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