Mars Hill, ME Foreclosures
How much do homes sell for in Mars Hill, ME?
The average home price is currently $152,390.
What’s the average rental cost in Mars Hill, ME?
The average rental price in Mars Hill is $922.
What is the most expensive home in Mars Hill?
The most expensive home sold in Mars Hill had a price of $899,590.
What is currently the cheapest priced home in Mars Hill, ME?
The cheapest home for sale in Mars Hill is priced at $17,332.
Living in Mars Hill, ME
Mars Hill, Maine is a charming small town nestled in the heart of Aroostook County. With its picturesque landscapes and outdoor recreational opportunities, it’s an ideal location for those who love nature and community living. The town features excellent schools, friendly locals, and a variety of local businesses.
Current Market Conditions in Mars Hill, ME
The real estate market in Mars Hill is currently stable, with a mix of residential homes and rental properties available. Prices have seen moderate increases over the past few years, reflecting a growing interest from buyers looking for affordable options in a scenic rural setting. Seasonal variations influence the market, particularly with properties that cater to outdoor activities like snowmobiling and hunting.
As of the latest analysis, Mars Hill exhibits a seller's market trend, with inventory remaining relatively low compared to demand. Buyers often find themselves in competitive bidding situations, particularly for homes that are updated and close to amenities. The influx of families and retirees seeking a quieter lifestyle away from urban centers is contributing to consistent interest in the area.
Home Value Estimator For Mars Hill, ME
There are currently 465 real estate properties
in Mars Hill, ME,
with a median automated valuation model (AVM) price
of $132,941.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mars Hill, 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 Mars Hill, ME,
is $152,390.00, with the most expensive house
in Mars Hill, ME, topping out
at $899,590.00 and the cheapest home
in Mars Hill, ME,
clocking in at $17,332.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mars Hill, ME!
Rent Prices
In Mars Hill, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mars Hill, ME, is on
a rollercoaster ride. The
average rent price in Mars Hill, ME,
is $922.00. Indeed, when looking to rent in
Mars Hill, ME, you can expect to pay as little
as $860.00 or as much
as $1,350.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Mars Hill, 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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