Morrill, ME Foreclosures
How much do homes sell for in Morrill, ME?
The average home price is currently $332,114.
In Morrill, ME, how many homes are available?
There are currently 3 active home listings available in Morrill.
What’s the average rental cost in Morrill, ME?
The average rental price in Morrill is $1,086.
What is the most expensive home in Morrill?
The most expensive home sold in Morrill had a price of $849,817.
What is currently the cheapest priced home in Morrill, ME?
The cheapest home for sale in Morrill is priced at $69,142.
Living in Morrill, ME
Morrill, ME, is a quaint rural town known for its serene natural beauty and tight-knit community. It offers picturesque landscapes, outdoor recreational opportunities, and local amenities that cater to its residents’ needs. With a warm atmosphere and welcoming charm, Morrill is perfect for those seeking a peaceful lifestyle not far from Maine's larger urban areas.
Current Market Conditions in Morrill, ME
The Morrill real estate market has shown stability over the past few months, with a moderate number of homes available for sale. The demand tends to align with the natural appeal of the area, as buyers are attracted to its rural charm and scenic landscapes. Home values have remained steady, making it an attractive market for both buyers and sellers who are looking for a place with a slower pace of life.
In recent months, interest rates have impacted purchasing decisions, but Morrill has seen a consistent interest from buyers looking to escape urban environments. The market is characterized by a mix of older homes and newer constructions, with buyers often seeking properties that offer access to outdoor amenities.
Home Value Estimator For Morrill, ME
There are currently 292 real estate properties
in Morrill, ME,
with a median automated valuation model (AVM) price
of $316,353.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Morrill, 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 Morrill, ME,
is $332,114.00, with the most expensive house
in Morrill, ME, topping out
at $849,817.00 and the cheapest home
in Morrill, ME,
clocking in at $69,142.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Morrill, ME!
Rent Prices
In Morrill, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Morrill, ME, is on
a rollercoaster ride. The
average rent price in Morrill, ME,
is $1,086.00. Indeed, when looking to rent in
Morrill, ME, you can expect to pay as little
as $880.00 or as much
as $1,430.00,
with the average rent median estimated to
be $1,070.00. The good news is that finding
an affordable and desirable property to rent in Morrill, 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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