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As-is Deals in Medway, ME

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Medway, ME Foreclosures

How much do homes sell for in Medway, ME?
The average home price is currently $150,744.
In Medway, ME, how many homes are available?
There are currently 1 active home listings available in Medway.
What’s the average rental cost in Medway, ME?
The average rental price in Medway is $803.
What is the most expensive home in Medway?
The most expensive home sold in Medway had a price of $6,371,600.
What is currently the cheapest priced home in Medway, ME?
The cheapest home for sale in Medway is priced at $17,000.

Living in Medway, ME

Medway is a picturesque small town in Maine, offering residents a peaceful lifestyle surrounded by natural beauty. With a strong community spirit and a variety of outdoor activities, it's an ideal place for families and individuals alike. Residents can enjoy hiking, fishing, and community events in this charming area.

Current Market Conditions in Medway, ME

The real estate market in Medway has seen an uptick in interest recently, driven by buyers looking for affordable properties in peaceful locations. Home prices have remained relatively stable, making it an appealing market for first-time buyers and those seeking vacation homes. Key factors contributing to this interest include the area's natural beauty and recreational opportunities.

As more individuals are seeking remote work-friendly locations, Medway's housing market is becoming increasingly competitive. The demand for homes with larger properties has increased, as buyers are drawn to the allure of suburban life layered with the prospect of outdoor adventures.

Home Value Estimator For Medway, ME

There are currently 487 real estate properties in Medway, ME, with a median automated valuation model (AVM) price of $126,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Medway, 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 Medway, ME, is $150,744.00, with the most expensive house in Medway, ME, topping out at $6,371,600.00 and the cheapest home in Medway, ME, clocking in at $17,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Medway, ME!

Rent Prices In Medway, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Medway, ME, is on a rollercoaster ride. The average rent price in Medway, ME, is $803.00. Indeed, when looking to rent in Medway, ME, you can expect to pay as little as $730.00 or as much as $1,120.00, with the average rent median estimated to be $800.00. The good news is that finding an affordable and desirable property to rent in Medway, 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.

Medway, ME As-is Deals


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