Lincoln, ME Foreclosures
How much do homes sell for in Lincoln, ME?
The average home price is currently $241,105.
In Lincoln, ME, how many homes are available?
There are currently 12 active home listings available in Lincoln.
What’s the average rental cost in Lincoln, ME?
The average rental price in Lincoln is $836.
What is the most expensive home in Lincoln?
The most expensive home sold in Lincoln had a price of $2,531,987.
What is currently the cheapest priced home in Lincoln, ME?
The cheapest home for sale in Lincoln is priced at $12,733.
Living in Lincoln, ME
Lincoln, ME is a charming small town known for its friendly community, beautiful outdoor spaces, and family-friendly atmosphere. Nestled near stunning lakes and the Penobscot River, it offers numerous recreational activities. The town is ideal for those seeking a peaceful life while remaining connected to essential amenities.
Current Market Conditions in Lincoln, ME
The real estate market in Lincoln, ME, is characterized by affordable housing options and steady demand. Recent years have seen a slight uptick in home values, which reflects an increasing interest in this beautiful region. As more people seek quieter lifestyles, homes in Lincoln have become increasingly desirable, particularly among families and retirees.
In recent months, Lincoln's housing market has witnessed a shift towards more listings and potential buyers as people continue to reassess their living situations post-pandemic. Despite some fluctuations, Lincoln maintains its appeal as a great area for investment, particularly with its low property taxes and community-oriented environment.
Home Value Estimator For Lincoln, ME
There are currently 2,550 real estate properties
in Lincoln, ME,
with a median automated valuation model (AVM) price
of $211,553.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lincoln, 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 Lincoln, ME,
is $241,105.00, with the most expensive house
in Lincoln, ME, topping out
at $2,531,987.00 and the cheapest home
in Lincoln, ME,
clocking in at $12,733.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lincoln, ME!
Rent Prices
In Lincoln, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lincoln, ME, is on
a rollercoaster ride. The
average rent price in Lincoln, ME,
is $836.00. Indeed, when looking to rent in
Lincoln, ME, you can expect to pay as little
as $620.00 or as much
as $1,610.00,
with the average rent median estimated to
be $790.00. The good news is that finding
an affordable and desirable property to rent in Lincoln, 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
