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Foreclosure Homes in Oakland, ME

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Oakland, ME Foreclosures

How much do homes sell for in Oakland, ME?
The average home price is currently $345,918.
In Oakland, ME, how many homes are available?
There are currently 8 active home listings available in Oakland.
What’s the average rental cost in Oakland, ME?
The average rental price in Oakland is $1,372.
What is the most expensive home in Oakland?
The most expensive home sold in Oakland had a price of $5,078,770.
What is currently the cheapest priced home in Oakland, ME?
The cheapest home for sale in Oakland is priced at $21,305.

Living in Oakland, ME

Oakland, ME is a charming town located in central Maine, surrounded by beautiful lakes and natural landscapes. Known for its community spirit and family-oriented environment, it offers quality education options and a peaceful suburban lifestyle. Its proximity to larger cities makes it an ideal place for those seeking a balance between tranquility and accessibility.

Current Market Conditions in Oakland, ME

The real estate market in Oakland, ME has been relatively stable with a steady increase in demand for homes, particularly among families and retirees. Many buyers are drawn to the area's low crime rates and excellent school systems, contributing to ongoing interest.

Current market trends indicate a rise in home values, with new listings seeing competitive offers. Buyers are particularly interested in properties that offer outdoor amenities and proximity to lakes, which are highly regarded in this region.

Home Value Estimator For Oakland, ME

There are currently 2,766 real estate properties in Oakland, ME, with a median automated valuation model (AVM) price of $301,948.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Oakland, 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 Oakland, ME, is $345,918.00, with the most expensive house in Oakland, ME, topping out at $5,078,770.00 and the cheapest home in Oakland, ME, clocking in at $21,305.00. In other words, there’s something for every potential homebuyer or savvy investor in Oakland, ME!

Rent Prices In Oakland, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Oakland, ME, is on a rollercoaster ride. The average rent price in Oakland, ME, is $1,372.00. Indeed, when looking to rent in Oakland, ME, you can expect to pay as little as $970.00 or as much as $1,430.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Oakland, 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.

Oakland, ME Foreclosures

Market Trend for Oakland, ME

Total Listings Available: 8

Market Values:

Home Prices from $21,305 to $5,078,770

Average Sales Price: $345,918

Rental Values:

Rental from $970 to $1,430

Average Rent Value: $1,372 / month

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