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Preforeclosure Homes in Oakland, ME

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Living in Oakland, ME

Oakland, ME is a quaint and welcoming town surrounded by beautiful landscapes and outdoor recreational opportunities. With a close-knit community and access to essential services, it offers a unique blend of tranquility and convenience. Ideal for families and retirees, the town provides a peaceful lifestyle amidst nature's beauty.

Current Market Conditions in Oakland, ME

The current real estate market in Oakland is showing signs of growth, with an increasing demand for housing due to its desirable location and affordable prices compared to nearby urban centers. Investors can capitalize on the trend of families and retirees seeking refuge in suburban settings as remote work becomes more prevalent.

With a mix of single-family homes, multi-family properties, and waterfront listings, Oakland presents diverse investment opportunities. The steady appreciation of property values over the last few years suggests a positive outlook for long-term investment in the area.

Home Value Estimator For Oakland, ME

There are currently 2,759 real estate properties in Oakland, ME, with a median automated valuation model (AVM) price of $298,464.00. 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 $341,731.00, with the most expensive house in Oakland, ME, topping out at $5,020,801.00 and the cheapest home in Oakland, ME, clocking in at $21,256.00. 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 Preforeclosure Homes


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