foreclosure.com

Preforeclosure Homes in Otis, ME 04605

Search within map
Price
Listing Type Up arrow
Property Type Up arrow
Displaying 1 - 1 of 1
 

Otis, ME Foreclosures

Current Market Conditions in in Otis, ME As of February 2026?
In the past month, the Otis real estate market has experienced an uptick in activity. Several homes have gone under contract within a week of listing, indicating a robust buyer interest. This surge can be attributed to the upcoming seasonal changes, prompting buyers to secure homes before the winter months, particularly along the lakefront areas which are in high demand.
How much do homes sell for in Otis, ME?
The average home price is currently $385,059.
In Otis, ME, how many homes are available?
There are currently 1 active home listings available in Otis.
What’s the average rental cost in Otis, ME?
The average rental price in Otis is $1,403.
What is the most expensive home in Otis?
The most expensive home sold in Otis had a price of $3,674,226.
What is currently the cheapest priced home in Otis, ME?
The cheapest home for sale in Otis is priced at $52,875.

Living in Otis, ME

Otis, ME is a charming small town known for its natural beauty and outdoor activities. Nestled next to Graham Lake, residents enjoy boating, fishing, and hiking. The community is tight-knit, making it a great place for families seeking a serene and friendly environment.

Buyer vs Seller Market in Otis, ME

The real estate market in Otis has seen a steady increase in demand over recent months, driven by buyers looking for tranquil settings away from urban areas. The appeal of vacation homes and primary residences in this stunning location offers opportunities for both investors and families seeking peaceful living.

Current trends indicate a growing interest in properties that provide scenic views and access to outdoor activities. Properties are often attracting buyers quickly, and listings can receive multiple offers, reflecting the competitiveness of the market.

Home Value Estimator For Otis, ME

There are currently 443 real estate properties in Otis, ME, with a median automated valuation model (AVM) price of $304,643.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Otis, 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 Otis, ME, is $385,059.00, with the most expensive house in Otis, ME, topping out at $3,674,226.00 and the cheapest home in Otis, ME, clocking in at $52,875.00. In other words, there’s something for every potential homebuyer or savvy investor in Otis, ME!

Rent Prices In Otis, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Otis, ME, is on a rollercoaster ride. The average rent price in Otis, ME, is $1,403.00. Indeed, when looking to rent in Otis, ME, you can expect to pay as little as $1,240.00 or as much as $1,520.00, with the average rent median estimated to be $1,420.00. The good news is that finding an affordable and desirable property to rent in Otis, 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.

Otis, ME 04605 Preforeclosure Homes

Popular Searches

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

No Thanks | Remind Me Later
Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2026. All Rights Reserved.