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Preforeclosure Homes in Milo, ME

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Milo, ME Foreclosures

How much do homes sell for in Milo, ME?
The average home price is currently $131,184.
In Milo, ME, how many homes are available?
There are currently 4 active home listings available in Milo.
What’s the average rental cost in Milo, ME?
The average rental price in Milo is $1,056.
What is the most expensive home in Milo?
The most expensive home sold in Milo had a price of $1,465,700.
What is currently the cheapest priced home in Milo, ME?
The cheapest home for sale in Milo is priced at $14,997.

Living in Milo, ME

Milo, Maine is a serene and charming community that provides a picturesque backdrop for anyone looking to escape the hustle and bustle. With its lush landscapes and emphasis on outdoor activities, Milo offers a lifestyle steeped in nature while retaining essential local amenities. This rural town embraces a close-knit atmosphere that makes it ideal for families and those seeking comfort in small-town living.

Current Market Conditions in Milo, ME

Milo's real estate market has recently shown signs of stability, with home prices generally remaining steady. However, there is an increasing interest from buyers looking for affordable housing options in rural areas, which may lead to a slight uptick in property values over the next year. The demographic shift towards remote workers and nature-loving individuals is accentuating demand for homes that offer landscape and tranquility.

The real estate trends for Milo indicate that the market is healthy. As remote work becomes more widespread, many buyers are searching for homes that offer space and comfort, with outdoor features being a top priority. This trend has led to a growing market for single-family homes situated near lakes and hiking trails.

Home Value Estimator For Milo, ME

There are currently 1,057 real estate properties in Milo, ME, with a median automated valuation model (AVM) price of $107,993.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Milo, 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 Milo, ME, is $131,184.00, with the most expensive house in Milo, ME, topping out at $1,465,700.00 and the cheapest home in Milo, ME, clocking in at $14,997.00. In other words, there’s something for every potential homebuyer or savvy investor in Milo, ME!

Rent Prices In Milo, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Milo, ME, is on a rollercoaster ride. The average rent price in Milo, ME, is $1,056.00. Indeed, when looking to rent in Milo, ME, you can expect to pay as little as $750.00 or as much as $1,520.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Milo, 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.

Milo, ME Preforeclosure Homes


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