Ogunquit, ME Foreclosures
How much do homes sell for in Ogunquit, ME?
The average home price is currently $976,775.
In Ogunquit, ME, how many homes are available?
There are currently 10 active home listings available in Ogunquit.
What’s the average rental cost in Ogunquit, ME?
The average rental price in Ogunquit is $1,758.
What is the most expensive home in Ogunquit?
The most expensive home sold in Ogunquit had a price of $12,314,336.
What is currently the cheapest priced home in Ogunquit, ME?
The cheapest home for sale in Ogunquit is priced at $12,483.
Living in Ogunquit, ME
Ogunquit, Maine, is a picturesque coastal town renowned for its stunning beaches, vibrant arts scene, and relaxing atmosphere. The town attracts both tourists and residents with its charming shops, excellent dining options, and beautiful landscapes. Experience life in Ogunquit, where the beach is just a short stroll away and cultural events abound throughout the year.
Current Market Conditions in Ogunquit, ME
The Ogunquit real estate market remains highly competitive, with a strong demand for vacation homes and seasonal rentals. The area is experiencing an increase in property values, driven by the attractiveness of its coastal charm, making now a great time for buyers looking to invest in this picturesque town.
Inventory levels have slightly decreased, leading to multiple offers on desirable homes, particularly those with ocean views or easy beach access. Buyers should be prepared for a fast-paced market where homes can sell quickly, often above asking price. In contrast, sellers are benefiting from this strong demand, as homes are appreciating at a steady rate.
Home Value Estimator For Ogunquit, ME
There are currently 2,188 real estate properties
in Ogunquit, ME,
with a median automated valuation model (AVM) price
of $804,161.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ogunquit, 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 Ogunquit, ME,
is $976,775.00, with the most expensive house
in Ogunquit, ME, topping out
at $12,314,336.00 and the cheapest home
in Ogunquit, ME,
clocking in at $12,483.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ogunquit, ME!
Rent Prices
In Ogunquit, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ogunquit, ME, is on
a rollercoaster ride. The
average rent price in Ogunquit, ME,
is $1,758.00. Indeed, when looking to rent in
Ogunquit, ME, you can expect to pay as little
as $1,100.00 or as much
as $3,010.00,
with the average rent median estimated to
be $1,790.00. The good news is that finding
an affordable and desirable property to rent in Ogunquit, 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
