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Foreclosure Homes in Milbridge, ME

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Milbridge, ME Foreclosures

How much do homes sell for in Milbridge, ME?
The average home price is currently $246,331.
In Milbridge, ME, how many homes are available?
There are currently 4 active home listings available in Milbridge.
What’s the average rental cost in Milbridge, ME?
The average rental price in Milbridge is $1,010.
What is the most expensive home in Milbridge?
The most expensive home sold in Milbridge had a price of $2,775,677.
What is currently the cheapest priced home in Milbridge, ME?
The cheapest home for sale in Milbridge is priced at $17,784.

Living in Milbridge, ME

Milbridge is a charming coastal town located in Down East Maine, known for its picturesque waterfront views and close-knit community. With its serene environment, Milbridge offers a tranquil lifestyle away from the hustle and bustle while providing access to beautiful nature and outdoor activities. This quaint town features local shops, seafood markets, and a rich maritime history that attracts visitors and potential residents alike.

Current Market Conditions in Milbridge, ME

The real estate market in Milbridge has been experiencing a steady increase in interest, particularly from seasonal buyers looking for vacation homes. The quaint nature of the town combined with beautiful waterfront properties is driving more people to consider Milbridge as a potential investment opportunity. Homes in this area tend to have lower price points compared to other coastal towns in Maine, making it attractive for homebuyers.

The market has seen a modest appreciation over the past several months, with homes selling quickly at or above asking prices, indicating strong demand despite limited inventory.

Home Value Estimator For Milbridge, ME

There are currently 565 real estate properties in Milbridge, ME, with a median automated valuation model (AVM) price of $199,228.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Milbridge, 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 Milbridge, ME, is $246,331.00, with the most expensive house in Milbridge, ME, topping out at $2,775,677.00 and the cheapest home in Milbridge, ME, clocking in at $17,784.00. In other words, there’s something for every potential homebuyer or savvy investor in Milbridge, ME!

Rent Prices In Milbridge, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Milbridge, ME, is on a rollercoaster ride. The average rent price in Milbridge, ME, is $1,010.00. Indeed, when looking to rent in Milbridge, ME, you can expect to pay as little as $950.00 or as much as $1,350.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Milbridge, 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.

Milbridge, ME Foreclosures


Market Trend for Milbridge, ME

Total Listings Available: 4

Market Values:

Home Prices from $17,784 to $2,775,677

Average Sales Price: $246,331

Rental Values:

Rental from $950 to $1,350

Average Rent Value: $1,010 / month

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