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Foreclosure Homes in Madison, ME 04950

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Madison, ME Foreclosures

Current Market Conditions in in Madison, ME As of April 2026?
In the past month, the Madison real estate market has experienced a slight increase in home prices driven by growing demand. Homes listed for sale are receiving multiple offers, resulting in quicker sales and upward price adjustments. The trend indicates that buyers are eager to secure properties in this desirable area before prices rise further.
How much do homes sell for in Madison, ME?
The average home price is currently $238,802.
In Madison, ME, how many homes are available?
There are currently 8 active home listings available in Madison.
What’s the average rental cost in Madison, ME?
The average rental price in Madison is $920.
What is the most expensive home in Madison?
The most expensive home sold in Madison had a price of $1,959,040.
What is currently the cheapest priced home in Madison, ME?
The cheapest home for sale in Madison is priced at $10,429.

Living in Madison, ME

Madison, Maine, is a picturesque town known for its beautiful natural surroundings and friendly community. With a range of outdoor activities and local amenities, it is an excellent place for families and those seeking a peaceful lifestyle. Education is a priority here, making it an ideal location for families with children.

Buyer vs Seller Market in Madison, ME

The real estate market in Madison has shown steady growth over the past few months. As more families and individuals look to relocate to rural areas, demand for homes has increased. Property values have followed suit, making it a favorable time to invest in real estate in this quaint town.

With the trend of remote work continuing, many prospective buyers are searching for properties with additional space and access to outdoor areas. Madison's appeal is strong due to its natural beauty and affordability compared to more urban locations.

Home Value Estimator For Madison, ME

There are currently 2,171 real estate properties in Madison, ME, with a median automated valuation model (AVM) price of $210,006.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Madison, 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 Madison, ME, is $238,802.00, with the most expensive house in Madison, ME, topping out at $1,959,040.00 and the cheapest home in Madison, ME, clocking in at $10,429.00. In other words, there’s something for every potential homebuyer or savvy investor in Madison, ME!

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.

Madison, ME 04950 Foreclosures

Market Trend for Madison, ME

Total Listings Available: 8

Market Values:

Home Prices from $10,429 to $1,959,040

Average Sales Price: $238,802

Rental Values:

Rental from $630 to $1,350

Average Rent Value: $920 / month

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