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Foreclosure Homes in Norway, ME

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Norway, ME Foreclosures

How much do homes sell for in Norway, ME?
The average home price is currently $333,227.
In Norway, ME, how many homes are available?
There are currently 5 active home listings available in Norway.
What’s the average rental cost in Norway, ME?
The average rental price in Norway is $1,076.
What is the most expensive home in Norway?
The most expensive home sold in Norway had a price of $18,786,332.
What is currently the cheapest priced home in Norway, ME?
The cheapest home for sale in Norway is priced at $22,045.

Living in Norway, ME

Norway, ME is a charming small town in Oxford County known for its outdoor recreational activities and beautiful scenery. Residents enjoy a close-knit community with a variety of local shops and restaurants, along with ample opportunities for hiking, skiing, and fishing. Norway strikes a perfect balance between rural living and access to urban conveniences.

Current Market Conditions in Norway, ME

The real estate market in Norway, ME, is currently experiencing steady demand, with a particular interest in properties that offer easy access to lakes and outdoor activities. Many homes are being bought by families looking to settle in a peaceful environment, thus enhancing the community growth.

Recent trends show an increase in remote workers moving to the area, drawn by its serene surroundings and affordable housing options compared to urban centers. This influx has sparked interest in new construction and renovations of existing homes.

Home Value Estimator For Norway, ME

There are currently 2,495 real estate properties in Norway, ME, with a median automated valuation model (AVM) price of $292,511.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Norway, 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 Norway, ME, is $333,227.00, with the most expensive house in Norway, ME, topping out at $18,786,332.00 and the cheapest home in Norway, ME, clocking in at $22,045.00. In other words, there’s something for every potential homebuyer or savvy investor in Norway, ME!

Rent Prices In Norway, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Norway, ME, is on a rollercoaster ride. The average rent price in Norway, ME, is $1,076.00. Indeed, when looking to rent in Norway, ME, you can expect to pay as little as $660.00 or as much as $1,400.00, with the average rent median estimated to be $1,050.00. The good news is that finding an affordable and desirable property to rent in Norway, 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.

Norway, ME Foreclosures


Market Trend for Norway, ME

Total Listings Available: 5

Market Values:

Home Prices from $22,045 to $18,786,332

Average Sales Price: $333,227

Rental Values:

Rental from $660 to $1,400

Average Rent Value: $1,076 / month

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