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Foreclosure Homes in Long Island, ME

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Long Island, ME Foreclosures

How much do homes sell for in Long Island, ME?
The average home price is currently $632,547.
In Long Island, ME, how many homes are available?
There are currently 212 active home listings available in Long Island.
What’s the average rental cost in Long Island, ME?
The average rental price in Long Island is $1,515.
What is the most expensive home in Long Island?
The most expensive home sold in Long Island had a price of $2,073,883.
What is currently the cheapest priced home in Long Island, ME?
The cheapest home for sale in Long Island is priced at $150,389.

Living in Long Island, ME

Long Island, ME is a picturesque island known for its calming atmosphere and scenic beauty. The region provides a balance between a tranquil lifestyle and convenient access to urban amenities in nearby Portland. With a variety of outdoor activities and community engagements, it is a desirable spot for both locals and visitors alike.

Current Market Conditions in Long Island, ME

The real estate market on Long Island, ME is currently experiencing a steady demand, particularly for waterfront properties and seasonal vacation homes. Prices have been gradually rising due to limited availability and high interest from potential buyers.

As the region becomes increasingly popular for both primary and secondary residences, investors may find that purchasing properties on the island presents a long-term opportunity for value appreciation and rental income.

Home Value Estimator For Long Island, ME

There are currently 155 real estate properties in Long Island, ME, with a median automated valuation model (AVM) price of $559,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Long Island, 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 Long Island, ME, is $632,547.00, with the most expensive house in Long Island, ME, topping out at $2,073,883.00 and the cheapest home in Long Island, ME, clocking in at $150,389.00. In other words, there’s something for every potential homebuyer or savvy investor in Long Island, ME!

Rent Prices In Long Island, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Long Island, ME, is on a rollercoaster ride. The average rent price in Long Island, ME, is $1,515.00. Indeed, when looking to rent in Long Island, ME, you can expect to pay as little as $1,150.00 or as much as $1,990.00, with the average rent median estimated to be $1,520.00. The good news is that finding an affordable and desirable property to rent in Long Island, 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.

Long Island, ME Foreclosures


Market Trend for Long Island, ME

Total Listings Available: 212

Market Values:

Home Prices from $150,389 to $2,073,883

Average Sales Price: $632,547

Rental Values:

Rental from $1,150 to $1,990

Average Rent Value: $1,515 / month

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