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Short Sale Listings in Medway, ME

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Living in Medway, ME

Medway, Maine is a picturesque small town famed for its outdoor recreational activities and strong community bonds. Residents enjoy a serene lifestyle with rich natural beauty and a plethora of seasonal activities. With a friendly environment, it's a great place for families and retirees alike.

Current Market Conditions in Medway, ME

The real estate market in Medway currently reflects stable conditions with a balanced inventory of homes. Prices have shown a consistent trend indicating a slow but steady appreciation, making it a favorable time for buyers and sellers alike.

Market analysis over the past month shows an increase in property inquiries, indicating a growing interest in the area, especially among those seeking a tranquil lifestyle away from urban congestion.

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 $128,376.00. 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 $149,749.00, with the most expensive house in Medway, ME, topping out at $6,393,900.00 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.

Medway, ME Short Sale Listings


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