Machias, ME Foreclosures
How much do homes sell for in Machias, ME?
The average home price is currently $245,133.
In Machias, ME, how many homes are available?
There are currently 9 active home listings available in Machias.
What’s the average rental cost in Machias, ME?
The average rental price in Machias is $989.
What is the most expensive home in Machias?
The most expensive home sold in Machias had a price of $7,514,061.
What is currently the cheapest priced home in Machias, ME?
The cheapest home for sale in Machias is priced at $21,756.
Living in Machias, ME
Nestled in the heart of Washington County, Machias, ME, is known for its stunning coastal landscapes and rich cultural heritage. The town offers a peaceful lifestyle with outdoor activities and local attractions that appeal to residents and tourists alike. With educational opportunities and community involvement, Machias is a hidden gem in Down East Maine.
Current Market Conditions in Machias, ME
Currently, the real estate market in Machias is looking favorable for buyers as the inventory of homes is gradually increasing. Compared to neighboring areas, home prices remain relatively affordable, making it an attractive option for first-time homeowners and retirees. The demand is steady, with a focus on waterfront properties and family homes.
In recent months, property values have slightly risen due to interest from out-of-state buyers seeking vacation homes in coastal Maine. Local real estate agents report a mix of both single-family homes and vacation rentals, providing a diverse selection for potential buyers.
Home Value Estimator For Machias, ME
There are currently 744 real estate properties
in Machias, ME,
with a median automated valuation model (AVM) price
of $201,240.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Machias, 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 Machias, ME,
is $245,133.00, with the most expensive house
in Machias, ME, topping out
at $7,514,061.00 and the cheapest home
in Machias, ME,
clocking in at $21,756.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Machias, ME!
Rent Prices
In Machias, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Machias, ME, is on
a rollercoaster ride. The
average rent price in Machias, ME,
is $989.00. Indeed, when looking to rent in
Machias, ME, you can expect to pay as little
as $820.00 or as much
as $1,350.00,
with the average rent median estimated to
be $930.00. The good news is that finding
an affordable and desirable property to rent in Machias, 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
