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Land Foreclosures in Minot, ME

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Minot, ME Foreclosures

How much do homes sell for in Minot, ME?
The average home price is currently $363,190.
What’s the average rental cost in Minot, ME?
The average rental price in Minot is $1,524.
What is the most expensive home in Minot?
The most expensive home sold in Minot had a price of $1,294,828.
What is currently the cheapest priced home in Minot, ME?
The cheapest home for sale in Minot is priced at $28,312.

Living in Minot, ME

Minot is a charming small town located in Androscoggin County, Maine. Known for its rural atmosphere and close-knit community, this location offers a peaceful lifestyle with beautiful natural surroundings. Residents enjoy outdoor activities such as hiking, fishing, and ample space for gardening, while still being within reach of urban amenities in nearby towns.

Current Market Conditions in Minot, ME

The real estate market in Minot remains stable with a steady influx of interested buyers looking for homes in quieter areas. The appreciation in home values has been moderate, aligning with the national trends as more individuals seek out the comfort of rural living.

Young families and retirees alike are drawn to Minot for its serene environment and affordable housing options. As new developments and subdivisions emerge, inventory levels have fluctuated, but opportunities for first-time homebuyers are still prevalent.

Home Value Estimator For Minot, ME

There are currently 1,100 real estate properties in Minot, ME, with a median automated valuation model (AVM) price of $347,887.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Minot, 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 Minot, ME, is $363,190.00, with the most expensive house in Minot, ME, topping out at $1,294,828.00 and the cheapest home in Minot, ME, clocking in at $28,312.00. In other words, there’s something for every potential homebuyer or savvy investor in Minot, ME!

Rent Prices In Minot, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Minot, ME, is on a rollercoaster ride. The average rent price in Minot, ME, is $1,524.00. Indeed, when looking to rent in Minot, ME, you can expect to pay as little as $950.00 or as much as $1,940.00, with the average rent median estimated to be $1,490.00. The good news is that finding an affordable and desirable property to rent in Minot, 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.

Minot, ME Land


Market Trend for Minot, ME

Total Listings Available: 0

Market Values:

Home Prices from $28,312 to $1,294,828

Average Sales Price: $363,190

Rental Values:

Rental from $950 to $1,940

Average Rent Value: $1,524 / month

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