Machias, ME Foreclosures
How much do homes sell for in Machias, ME?
The average home price is currently $246,726.
In Machias, ME, how many homes are available?
There are currently 5 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 $8,154,133.
What is currently the cheapest priced home in Machias, ME?
The cheapest home for sale in Machias is priced at $21,871.
Living in Machias, ME
Machias, ME is a quaint town nestled in the heart of Downeast Maine, offering a serene lifestyle surrounded by nature's beauty. Known for its historic charm and vibrant community spirit, it provides residents with access to excellent schools, local amenities, and a variety of outdoor activities. With a rich cultural heritage and picturesque landscapes, it's an ideal place for those seeking a peaceful living experience in Maine.
Current Market Conditions in Machias, ME
The real estate market in Machias, ME remains stable, with a steady demand for homes in the area. Recently, the market has been seeing a gradual increase in property values, driven by the growing interest in rural and semi-rural living as remote work becomes more prevalent. Houses in Machias offer good value compared to nearby markets, attracting both first-time home buyers and retirees looking to relocate to a quieter area.
In the past month, the demand for homes has shown slight changes due to seasonal trends, with more buyers entering the market as warmer weather approaches. However, the inventory remains limited, leading to competitive bidding situations for well-maintained homes. Sellers are taking advantage of this situation, often receiving multiple offers.
Home Value Estimator For Machias, ME
There are currently 721 real estate properties
in Machias, ME,
with a median automated valuation model (AVM) price
of $199,062.00. 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 $246,726.00, with the most expensive house
in Machias, ME, topping out
at $8,154,133.00 and the cheapest home
in Machias, ME,
clocking in at $21,871.00. 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.
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