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Foreclosure Homes in New Portland, ME

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New Portland, ME Foreclosures

How much do homes sell for in New Portland, ME?
The average home price is currently $239,770.
In New Portland, ME, how many homes are available?
There are currently 69 active home listings available in New Portland.
What’s the average rental cost in New Portland, ME?
The average rental price in New Portland is $852.
What is the most expensive home in New Portland?
The most expensive home sold in New Portland had a price of $2,200,000.
What is currently the cheapest priced home in New Portland, ME?
The cheapest home for sale in New Portland is priced at $28,272.

Living in New Portland, ME

New Portland is a quaint and peaceful town located in the heart of Somerset County, Maine. It offers a rural lifestyle with beautiful natural landscapes, perfect for outdoor enthusiasts. With its close-knit community, residents enjoy various recreational activities and access to stunning waterways.

Current Market Conditions in New Portland, ME

The current real estate market in New Portland is relatively stable, with steady demand for homes among families and retirees seeking a quiet life away from urban environments. The market tends to favor buyers, but listings can move quickly due to limited inventory in certain price ranges.

Recently, there has been a slight increase in home values, driven by the appreciation of rural properties as more individuals seek out remote working opportunities and lifestyle changes. This trend reflects a growing interest in rural living, with potential for ongoing appreciation in the market.

Home Value Estimator For New Portland, ME

There are currently 367 real estate properties in New Portland, ME, with a median automated valuation model (AVM) price of $205,933.00. 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 Portland, 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 Portland, ME, is $239,770.00, with the most expensive house in New Portland, ME, topping out at $2,200,000.00 and the cheapest home in New Portland, ME, clocking in at $28,272.00. In other words, there’s something for every potential homebuyer or savvy investor in New Portland, ME!

Rent Prices In New Portland, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Portland, ME, is on a rollercoaster ride. The average rent price in New Portland, ME, is $852.00. Indeed, when looking to rent in New Portland, ME, you can expect to pay as little as $820.00 or as much as $1,350.00, with the average rent median estimated to be $820.00. The good news is that finding an affordable and desirable property to rent in New Portland, 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.

New Portland, ME Foreclosures


Market Trend for New Portland, ME

Total Listings Available: 69

Market Values:

Home Prices from $28,272 to $2,200,000

Average Sales Price: $239,770

Rental Values:

Rental from $820 to $1,350

Average Rent Value: $852 / month

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