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Short Sale Listings in Newburgh, ME 04444

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Newburgh, ME Foreclosures

How much do homes sell for in Newburgh, ME?
The average home price is currently $344,974.
In Newburgh, ME, how many homes are available?
There are currently 2 active home listings available in Newburgh.
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 $72,878.

Living in Newburgh, ME

Newburgh, Maine is a charming small town known for its beautiful landscapes and tight-knit community. Residents enjoy a peaceful lifestyle with various outdoor activities and a strong sense of neighborly connections. Perfectly located for easy access to nearby larger towns, Newburgh offers a balance of tranquility and convenience.

Current Market Conditions in Newburgh, ME

The real estate market in Newburgh, ME is currently characterized by steady demand and a limited supply of homes. With many prospective homeowners looking for affordable options in picturesque settings, listings tend to receive multiple offers, particularly in the spring and summer months. Buyers are increasingly interested in the outdoor lifestyle and community presence that Newburgh offers, contributing to the competitive nature of the market.

Market trends indicate a slight increase in property values over the last quarter driven by demand for rural living, complemented by a migration trend towards less densely populated areas as individuals prioritize space and nature.

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 $327,318.00. 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 $344,974.00, 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 $72,878.00. 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.

Newburgh, ME 04444 Short Sale Listings

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