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Short Sale Listings in Newcastle, ME

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Newcastle, ME Foreclosures

How much do homes sell for in Newcastle, ME?
The average home price is currently $577,146.
In Newcastle, ME, how many homes are available?
There are currently 12 active home listings available in Newcastle.
What’s the average rental cost in Newcastle, ME?
The average rental price in Newcastle is $1,633.
What is the most expensive home in Newcastle?
The most expensive home sold in Newcastle had a price of $3,209,628.
What is currently the cheapest priced home in Newcastle, ME?
The cheapest home for sale in Newcastle is priced at $86,014.

Living in Newcastle, ME

Newcastle, ME offers a charming coastal lifestyle with its beautiful waterfront and friendly community. Residents enjoy a variety of outdoor activities and local amenities, including shops and schools, making it a great place to live. The area's scenic beauty and close-knit atmosphere attract families and individuals alike.

Current Market Conditions in Newcastle, ME

The real estate market in Newcastle has shown signs of steady growth, with an increasing number of families and retirees looking to relocate to this peaceful coastal town. As interest in rural and semi-rural living continues to rise, the demand for homes here has become more competitive, driving prices up moderately compared to previous years.

Recently, there has been a notable trend toward renovation and development in Newcastle as new residents look to modernize older properties while preserving the historic charm of the area. This influx of new buyers is likely to continue influencing market dynamics in the region.

Home Value Estimator For Newcastle, ME

There are currently 923 real estate properties in Newcastle, ME, with a median automated valuation model (AVM) price of $510,617.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Newcastle, 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 Newcastle, ME, is $577,146.00, with the most expensive house in Newcastle, ME, topping out at $3,209,628.00 and the cheapest home in Newcastle, ME, clocking in at $86,014.00. In other words, there’s something for every potential homebuyer or savvy investor in Newcastle, ME!

Rent Prices In Newcastle, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Newcastle, ME, is on a rollercoaster ride. The average rent price in Newcastle, ME, is $1,633.00. Indeed, when looking to rent in Newcastle, ME, you can expect to pay as little as $1,000.00 or as much as $1,710.00, with the average rent median estimated to be $1,710.00. The good news is that finding an affordable and desirable property to rent in Newcastle, 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.

Newcastle, ME Short Sale Listings


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