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Foreclosure Homes in Mechanic Falls, ME 04256

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Mechanic Falls, ME Foreclosures

How much do homes sell for in Mechanic Falls, ME?
The average home price is currently $273,185.
In Mechanic Falls, ME, how many homes are available?
There are currently 5 active home listings available in Mechanic Falls.
What’s the average rental cost in Mechanic Falls, ME?
The average rental price in Mechanic Falls is $1,303.
What is the most expensive home in Mechanic Falls?
The most expensive home sold in Mechanic Falls had a price of $1,383,402.
What is currently the cheapest priced home in Mechanic Falls, ME?
The cheapest home for sale in Mechanic Falls is priced at $21,216.

Living in Mechanic Falls, ME

Mechanic Falls, Maine, is a quaint and close-knit community nestled amidst scenic landscapes. This charming town combines small-town charm with essential amenities, making it an ideal location for those who value tranquility while still enjoying access to necessary services. With beautiful outdoor spaces and a welcoming atmosphere, Mechanic Falls is perfect for families and individuals alike.

Current Market Conditions in Mechanic Falls, ME

The current real estate market in Mechanic Falls is showing signs of stability with a steady demand for homes. Home prices have seen moderate increases over the last year, reflecting the town's appeal as a desirable suburban area. As more families and individuals seek wider spaces and community-oriented living, the market is expected to flourish further.

Home Value Estimator For Mechanic Falls, ME

There are currently 1,157 real estate properties in Mechanic Falls, ME, with a median automated valuation model (AVM) price of $275,550.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mechanic Falls, 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 Mechanic Falls, ME, is $273,185.00, with the most expensive house in Mechanic Falls, ME, topping out at $1,383,402.00 and the cheapest home in Mechanic Falls, ME, clocking in at $21,216.00. In other words, there’s something for every potential homebuyer or savvy investor in Mechanic Falls, ME!

Rent Prices In Mechanic Falls, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mechanic Falls, ME, is on a rollercoaster ride. The average rent price in Mechanic Falls, ME, is $1,303.00. Indeed, when looking to rent in Mechanic Falls, ME, you can expect to pay as little as $920.00 or as much as $1,600.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Mechanic Falls, 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.

Mechanic Falls, ME 04256 Foreclosures

Market Trend for Mechanic Falls, ME

Total Listings Available: 5

Market Values:

Home Prices from $21,216 to $1,383,402

Average Sales Price: $273,185

Rental Values:

Rental from $920 to $1,600

Average Rent Value: $1,303 / month

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