Meddybemps, ME Foreclosures
How much do homes sell for in Meddybemps, ME?
The average home price is currently $254,658.
What’s the average rental cost in Meddybemps, ME?
The average rental price in Meddybemps is $843.
What is the most expensive home in Meddybemps?
The most expensive home sold in Meddybemps had a price of $586,031.
What is currently the cheapest priced home in Meddybemps, ME?
The cheapest home for sale in Meddybemps is priced at $34,660.
Living in Meddybemps, ME
Meddybemps, a small town in Maine, offers a serene lifestyle characterized by beautiful natural surroundings and a close-knit community. Perfect for outdoor enthusiasts, the area provides ample opportunities for fishing, hiking, and enjoying nature. With essential amenities located nearby in larger towns, residents enjoy the peace of rural living without sacrificing convenience.
Current Market Conditions in Meddybemps, ME
Currently, the real estate market in Meddybemps is stable, with a modest demand for homes reflecting its serene nature and community-focused living. Buyers are typically looking for seasonal or vacation homes, affecting pricing and availability. While inventory is limited, the demand for properties in waterfront locations remains high.
As families and retirees continue to move towards rural settings seeking tranquility, Meddybemps is witnessing gradual increases in property values and interest from potential homeowners. Local listings indicate that properties are selling quickly, especially those with access to the water or strong outdoor amenities.
Home Value Estimator For Meddybemps, ME
There are currently 83 real estate properties
in Meddybemps, ME,
with a median automated valuation model (AVM) price
of $212,935.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Meddybemps, 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 Meddybemps, ME,
is $254,658.00, with the most expensive house
in Meddybemps, ME, topping out
at $586,031.00 and the cheapest home
in Meddybemps, ME,
clocking in at $34,660.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Meddybemps, ME!
Rent Prices
In Meddybemps, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Meddybemps, ME, is on
a rollercoaster ride. The
average rent price in Meddybemps, ME,
is $843.00. Indeed, when looking to rent in
Meddybemps, ME, you can expect to pay as little
as $750.00 or as much
as $1,270.00,
with the average rent median estimated to
be $780.00. The good news is that finding
an affordable and desirable property to rent in Meddybemps, 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
