Newry, ME Foreclosures
How much do homes sell for in Newry, ME?
The average home price is currently $582,374.
In Newry, ME, how many homes are available?
There are currently 1 active home listings available in Newry.
What’s the average rental cost in Newry, ME?
The average rental price in Newry is $1,108.
What is the most expensive home in Newry?
The most expensive home sold in Newry had a price of $2,843,798.
What is currently the cheapest priced home in Newry, ME?
The cheapest home for sale in Newry is priced at $126,060.
Living in Newry, ME
Newry, Maine, is a picturesque town set in the scenic foothills of the White Mountains. Known for its outdoor recreational opportunities, particularly skiing at the Sunday River Resort, it offers residents a peaceful lifestyle surrounded by breathtaking nature. With its strong sense of community and proximity to multiple amenities, Newry is an attractive place for outdoor enthusiasts and families.
Current Market Conditions in Newry, ME
The real estate market in Newry, ME, is currently experiencing a steady growth trend. Properties, particularly those close to Sunday River, are increasingly desirable, leading to a healthy mix of vacation homes and year-round residences on the market. Buyers are particularly interested in homes that offer easy access to outdoor activities, which continues to drive demand.
As of this year, the market has seen a rise in property values, particularly in areas near ski resorts and main attractions. This trend has been supported by an influx of buyers seeking second homes or investment properties. The competition among buyers has kept the market vibrant, although inventory remains limited.
Home Value Estimator For Newry, ME
There are currently 959 real estate properties
in Newry, ME,
with a median automated valuation model (AVM) price
of $472,142.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Newry, 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 Newry, ME,
is $582,374.00, with the most expensive house
in Newry, ME, topping out
at $2,843,798.00 and the cheapest home
in Newry, ME,
clocking in at $126,060.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Newry, ME!
Rent Prices
In Newry, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Newry, ME, is on
a rollercoaster ride. The
average rent price in Newry, ME,
is $1,108.00. Indeed, when looking to rent in
Newry, ME, you can expect to pay as little
as $940.00 or as much
as $1,430.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Newry, 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.
Learn more on Foreclosure homes
