Buying city property has tremendous potential because you have the opportunity to turn a neglected eyesore into a real estate gem … at a fraction of the cost. Click on a listing below to begin search for city-owned properties for sale in your area. Don't overpay for your next home in New Gloucester, ME 04260. There are 3 discounted homes for sale in New Gloucester, ME 04260 we think you'll love.
New Gloucester, ME offers a serene rural lifestyle nestled in the heart of Cumberland County. Known for its friendly community and access to outdoor activities, it’s an ideal spot for families and nature enthusiasts. Local amenities and schools are complemented by well-preserved natural beauty, enhancing the small-town charm.
There are currently 2,268 real estate properties in New Gloucester, ME, with a median automated valuation model (AVM) price of $420,735.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Gloucester, 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 New Gloucester, ME, is $432,241.00, with the most expensive house in New Gloucester, ME, topping out at $9,617,591.00 and the cheapest home in New Gloucester, ME, clocking in at $35,446.00. In other words, there’s something for every potential homebuyer or savvy investor in New Gloucester, ME!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Gloucester, ME, is on a rollercoaster ride. The average rent price in New Gloucester, ME, is $1,423.00. Indeed, when looking to rent in New Gloucester, ME, you can expect to pay as little as $770.00 or as much as $2,320.00, with the average rent median estimated to be $1,440.00. The good news is that finding an affordable and desirable property to rent in New Gloucester, 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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