Living in Oakfield, ME
Oakfield, ME is a serene town surrounded by natural beauty and outdoor activities. Residents enjoy the comforts of small-town living while having access to various recreational options. The community is welcoming and perfect for families and nature enthusiasts looking for a peaceful lifestyle.
Current Market Conditions in Oakfield, ME
The real estate market in Oakfield, ME has been steadily growing, with an increase in demand for affordable housing options. Investors are finding opportunities in single-family homes and rentals, as more people seek a quiet lifestyle away from the hustle and bustle of urban areas.
Home prices in Oakfield remain competitive, making it an attractive option for first-time buyers and real estate investors. The ongoing interest in rural living has started to boost property values, indicating a promising outlook for future growth.
Home Value Estimator For Oakfield, ME
There are currently 85 real estate properties
in Oakfield, ME,
with a median automated valuation model (AVM) price
of $80,369.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Oakfield, 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 Oakfield, ME,
is $98,177.00, with the most expensive house
in Oakfield, ME, topping out
at $394,165.00 and the cheapest home
in Oakfield, ME,
clocking in at $26,572.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Oakfield, ME!
Rent Prices
In Oakfield, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Oakfield, ME, is on
a rollercoaster ride. The
average rent price in Oakfield, ME,
is $930.00. Indeed, when looking to rent in
Oakfield, ME, you can expect to pay as little
as $840.00 or as much
as $1,020.00,
with the average rent median estimated to
be $950.00. The good news is that finding
an affordable and desirable property to rent in Oakfield, 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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