Living in Monson, ME
Monson, ME is a picturesque town that offers breathtaking natural landscapes and a strong sense of community. With access to a range of recreational activities and local amenities, it is an attractive choice for families and investors alike. The area's commitment to education and community development further solidifies its desirability.
Current Market Conditions in Monson, ME
The real estate market in Monson is exhibiting a moderate growth trend, making it a favorable option for investors looking for potential appreciation in property values. Homes in the area are seeing an increasing demand, particularly among those seeking vacation properties and year-round residences.
As a result of rising interest, property prices are stabilizing, making it a very competitive market for buyers. Investors can anticipate a strong rental market, especially during peak tourist seasons, leading to favorable short-term rental opportunities.
Home Value Estimator For Monson, ME
There are currently 141 real estate properties
in Monson, ME,
with a median automated valuation model (AVM) price
of $192,816.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Monson, 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 Monson, ME,
is $197,188.00, with the most expensive house
in Monson, ME, topping out
at $560,600.00 and the cheapest home
in Monson, ME,
clocking in at $35,020.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Monson, ME!
Rent Prices
In Monson, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Monson, ME, is on
a rollercoaster ride. The
average rent price in Monson, ME,
is $960.00. Indeed, when looking to rent in
Monson, ME, you can expect to pay as little
as $640.00 or as much
as $1,200.00,
with the average rent median estimated to
be $980.00. The good news is that finding
an affordable and desirable property to rent in Monson, 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.
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