Newburgh, ME Foreclosures
How much do homes sell for in Newburgh, ME?
The average home price is currently $339,018.
What’s the average rental cost in Newburgh, ME?
The average rental price in Newburgh is $1,221.
What is the most expensive home in Newburgh?
The most expensive home sold in Newburgh had a price of $1,418,462.
What is currently the cheapest priced home in Newburgh, ME?
The cheapest home for sale in Newburgh is priced at $71,009.
Living in Newburgh, ME
Newburgh, ME, offers a serene rural lifestyle with a close-knit community, excellent schools, and access to outdoor activities. Its peaceful environment is complemented by nearby amenities in surrounding towns, making it an ideal place for families and nature lovers alike.
Current Market Conditions in Newburgh, ME
The real estate market in Newburgh, ME, has shown stability over the past year with a slight increase in home prices. Buyers are drawn to the area's peaceful ambiance, contributing to consistent demand for family homes and land for building. Many properties offer spacious lots, catering to those seeking more outdoor space and privacy.
Despite being a less urban area, Newburgh has attracted interest from those looking to escape crowded, city environments. This trend has kept the market competitive, with homes often receiving multiple offers within a short time of listing.
Home Value Estimator For Newburgh, ME
There are currently 544 real estate properties
in Newburgh, ME,
with a median automated valuation model (AVM) price
of $321,240.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Newburgh, 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 Newburgh, ME,
is $339,018.00, with the most expensive house
in Newburgh, ME, topping out
at $1,418,462.00 and the cheapest home
in Newburgh, ME,
clocking in at $71,009.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Newburgh, ME!
Rent Prices
In Newburgh, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Newburgh, ME, is on
a rollercoaster ride. The
average rent price in Newburgh, ME,
is $1,221.00. Indeed, when looking to rent in
Newburgh, ME, you can expect to pay as little
as $1,170.00 or as much
as $1,790.00,
with the average rent median estimated to
be $1,170.00. The good news is that finding
an affordable and desirable property to rent in Newburgh, 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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