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Cheap Homes in Lubec, ME

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Lubec, ME Foreclosures

Current Market Conditions in in Lubec, ME As of January 2026?
In the past month, the real estate market in Lubec has shown signs of stability, with multiple property viewings occurring and several homes entering the market. Home prices have remained steady, indicating a balanced market where supply and demand are aligning. Local real estate agents are reporting increased inquiries from potential buyers as autumn approaches, suggesting a positive outlook for sellers.
How much do homes sell for in Lubec, ME?
The average home price is currently $277,298.
In Lubec, ME, how many homes are available?
There are currently 2 active home listings available in Lubec.
What’s the average rental cost in Lubec, ME?
The average rental price in Lubec is $885.
What is the most expensive home in Lubec?
The most expensive home sold in Lubec had a price of $2,459,421.
What is currently the cheapest priced home in Lubec, ME?
The cheapest home for sale in Lubec is priced at $23,657.

Living in Lubec, ME

Lubec, Maine is a scenic coastal town renowned for its serene lifestyle, beautiful ocean views, and outdoor activities. The town combines rich history with a friendly community atmosphere, making it an ideal place to live for those looking to escape the bustle of city life. Enjoy a variety of local shops and restaurants while experiencing the charm of small-town living.

Buyer vs Seller Market in Lubec, ME

Lubec's real estate market has seen an increasing interest over the past year, with a rise in both property sales and rental demands. The serene environment, coupled with a growing tourism industry, has attracted numerous buyers looking for summer homes and investment properties.

The market is characterized by a mix of historic cottages and new constructions, making it appealing to diverse buyers. As more remote workers seek out quieter places to live, Lubec has become an attractive option due to its natural beauty and affordable housing compared to urban centers.

Home Value Estimator For Lubec, ME

There are currently 894 real estate properties in Lubec, ME, with a median automated valuation model (AVM) price of $229,998.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lubec, 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 Lubec, ME, is $277,298.00, with the most expensive house in Lubec, ME, topping out at $2,459,421.00 and the cheapest home in Lubec, ME, clocking in at $23,657.00. In other words, there’s something for every potential homebuyer or savvy investor in Lubec, ME!

Rent Prices In Lubec, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lubec, ME, is on a rollercoaster ride. The average rent price in Lubec, ME, is $885.00. Indeed, when looking to rent in Lubec, ME, you can expect to pay as little as $770.00 or as much as $1,350.00, with the average rent median estimated to be $780.00. The good news is that finding an affordable and desirable property to rent in Lubec, 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 Lubec, ME


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