Medway, ME Foreclosures
How much do homes sell for in Medway, ME?
The average home price is currently $150,469.
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 $802.
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, ME, is a peaceful town characterized by its natural beauty and tight-knit community. With access to outdoor activities and quality educational institutions, it’s an ideal place for families and nature enthusiasts. Local amenities make everyday living convenient for residents.
Current Market Conditions in Medway, ME
The real estate market in Medway has seen a steady increase in demand over the past few months, driven by families seeking a quiet lifestyle with access to nature. While inventory remains limited, there is a growing interest in properties, particularly those that offer scenic views or easy access to the river, which is a desirable feature for potential buyers.
Recent trends indicate that homes in Medway are selling faster than the previous year, with a notable uptick in new listings hitting the market. The affordable range of homes has attracted a diverse group of buyers, from young families to retirees, all looking to enjoy the tranquility that this town provides.
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 $128,057.00. 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 $150,469.00, 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 $802.00. 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.
Learn more on Foreclosure homes
