Methuen, MA Foreclosures
How much do homes sell for in Methuen, MA?
The average home price is currently $639,194.
In Methuen, MA, how many homes are available?
There are currently 51 active home listings available in Methuen.
What’s the average rental cost in Methuen, MA?
The average rental price in Methuen is $1,760.
What is the most expensive home in Methuen?
The most expensive home sold in Methuen had a price of $34,107,096.
What is currently the cheapest priced home in Methuen, MA?
The cheapest home for sale in Methuen is priced at $14,674.
Living in Methuen, MA
Methuen, MA is a charming city that offers a perfect blend of suburban living and urban amenities. Known for its strong community spirit and access to parks and educational institutions, it's an ideal location for families and young professionals alike. With its convenient access to major highways, residents enjoy the best of both worlds: peaceful neighborhoods and the vibrancy of nearby urban life.
Current Market Conditions in Methuen, MA
The current real estate market in Methuen is experiencing a steady increase in demand, with properties selling rather quickly. As of late, home prices have seen a moderate appreciation, drawing interest from both first-time homebuyers and investors. The market remains competitive, especially for single-family homes, due to the city's desirable location and community amenities.
In recent weeks, many properties have received multiple offers shortly after listing, indicating a strong buyer's market. The blend of reasonable pricing and low inventory continues to drive competition among buyers, showcasing a vibrant real estate environment.
Home Value Estimator For Methuen, MA
There are currently 15,294 real estate properties
in Methuen, MA,
with a median automated valuation model (AVM) price
of $619,091.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Methuen, MA, 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 Methuen, MA,
is $639,194.00, with the most expensive house
in Methuen, MA, topping out
at $34,107,096.00 and the cheapest home
in Methuen, MA,
clocking in at $14,674.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Methuen, MA!
Rent Prices
In Methuen, MA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Methuen, MA, is on
a rollercoaster ride. The
average rent price in Methuen, MA,
is $1,760.00. Indeed, when looking to rent in
Methuen, MA, you can expect to pay as little
as $760.00 or as much
as $3,440.00,
with the average rent median estimated to
be $1,750.00. The good news is that finding
an affordable and desirable property to rent in Methuen, MA
-- 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.