Foreclosure Homes in Madison, ME 04950

Current Market Conditions in Madison, ME

The real estate market in Madison is currently stable, with a steady demand for homes in the area. The town's affordability compared to larger cities nearby makes it an attractive option for both first-time homebuyers and retirees.

Prices for homes in Madison have seen slight increases due to limited inventory and growing interest in the area, particularly from those looking to escape urban environments for a more tranquil setting.

Rent Prices In Madison, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Madison, ME, is on a rollercoaster ride. The average rent price in Madison, ME, is $920.00. Indeed, when looking to rent in Madison, ME, you can expect to pay as little as $630.00 or as much as $1,350.00, with the average rent median estimated to be $890.00. The good news is that finding an affordable and desirable property to rent in Madison, 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.