Lewiston, ME Foreclosures
How much do homes sell for in Lewiston, ME?
The average home price is currently $309,625.
In Lewiston, ME, how many homes are available?
There are currently 34 active home listings available in Lewiston.
What’s the average rental cost in Lewiston, ME?
The average rental price in Lewiston is $1,064.
What is the most expensive home in Lewiston?
The most expensive home sold in Lewiston had a price of $14,265,751.
What is currently the cheapest priced home in Lewiston, ME?
The cheapest home for sale in Lewiston is priced at $10,452.
Living in Lewiston, ME
Lewiston is a vibrant city located in Androscoggin County, Maine. Known for its rich history and cultural diversity, the city offers a variety of amenities and recreational opportunities. With a thriving arts scene and a range of dining options, Lewiston appeals to families and young professionals alike.
Current Market Conditions in Lewiston, ME
The real estate market in Lewiston, ME, continues to show signs of growth, with a steady increase in home values over the past year. The demand for housing remains strong due to the city's affordability compared to nearby locations and its rising popularity among new residents.
As developers and investors recognize the potential for growth, there has been a noticeable increase in new construction projects, appealing to first-time homebuyers and those seeking rental properties. The rental market is also experiencing growth, catering to young professionals and college students.
Overall, Lewiston is becoming a desirable location for both residential buyers and renters, with a mix of historic homes and modern developments available.
Home Value Estimator For Lewiston, ME
There are currently 13,085 real estate properties
in Lewiston, ME,
with a median automated valuation model (AVM) price
of $290,126.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lewiston, 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 Lewiston, ME,
is $309,625.00, with the most expensive house
in Lewiston, ME, topping out
at $14,265,751.00 and the cheapest home
in Lewiston, ME,
clocking in at $10,452.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lewiston, ME!
Rent Prices
In Lewiston, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lewiston, ME, is on
a rollercoaster ride. The
average rent price in Lewiston, ME,
is $1,064.00. Indeed, when looking to rent in
Lewiston, ME, you can expect to pay as little
as $680.00 or as much
as $1,470.00,
with the average rent median estimated to
be $1,080.00. The good news is that finding
an affordable and desirable property to rent in Lewiston, 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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