Madrid Twp, ME Foreclosures
How much do homes sell for in Madrid Twp, ME?
The average home price is currently $202,777.
What’s the average rental cost in Madrid Twp, ME?
The average rental price in Madrid Twp is $1,040.
What is the most expensive home in Madrid Twp?
The most expensive home sold in Madrid Twp had a price of $441,784.
What is currently the cheapest priced home in Madrid Twp, ME?
The cheapest home for sale in Madrid Twp is priced at $68,021.
Living in Madrid Twp, ME
Madrid Township, nestled in the scenic Franklin County of Maine, is a charming rural community known for its stunning outdoor landscapes and recreational opportunities. With winter wonderlands for skiing and summer trails for hiking, it attracts nature lovers year-round. The close-knit community offers essential amenities while maintaining a peaceful, country lifestyle.
Current Market Conditions in Madrid Twp, ME
The real estate market in Madrid Township is characterized by its affordability compared to other regions in Maine, offering an attractive option for both first-time buyers and those seeking vacation properties. With a diverse range of homes available, from cozy cabins to larger family houses, buyers have the opportunity to find something unique that meets their needs.
As outdoor activities remain a major draw, interest in properties near recreational areas has been steadily increasing. Seasonal influxes of visitors seeking vacation rentals boost demand in peak seasons.
Home Value Estimator For Madrid Twp, ME
There are currently 36 real estate properties
in Madrid Twp, ME,
with a median automated valuation model (AVM) price
of $171,410.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Madrid Twp, 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 Madrid Twp, ME,
is $202,777.00, with the most expensive house
in Madrid Twp, ME, topping out
at $441,784.00 and the cheapest home
in Madrid Twp, ME,
clocking in at $68,021.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Madrid Twp, ME!
Rent Prices
In Madrid Twp, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Madrid Twp, ME, is on
a rollercoaster ride. The
average rent price in Madrid Twp, ME,
is $1,040.00. Indeed, when looking to rent in
Madrid Twp, ME, you can expect to pay as little
as $1,040.00 or as much
as $1,040.00,
with the average rent median estimated to
be $1,040.00. The good news is that finding
an affordable and desirable property to rent in Madrid Twp, 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
