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Rent To Own Homes in Otisfield, ME

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Otisfield, ME Foreclosures

How much do homes sell for in Otisfield, ME?
The average home price is currently $355,229.
In Otisfield, ME, how many homes are available?
There are currently 1 active home listings available in Otisfield.
What’s the average rental cost in Otisfield, ME?
The average rental price in Otisfield is $1,028.
What is the most expensive home in Otisfield?
The most expensive home sold in Otisfield had a price of $4,425,182.
What is currently the cheapest priced home in Otisfield, ME?
The cheapest home for sale in Otisfield is priced at $19,602.

Living in Otisfield, ME

Otisfield, Maine, offers a tranquil rural lifestyle surrounded by pristine nature and outdoor activities. With excellent schools, a welcoming community, and beautiful landscapes, it is an ideal place for families and retirees. The town's mix of recreational activities and local amenities make Otisfield a hidden gem in Southern Maine.

Current Market Conditions in Otisfield, ME

Otisfield's real estate market remains stable, with a modest increase in home prices over the past year due to rising interest from buyers seeking a rural retreat. Many homes have seen renovations and updates as owners invest in their properties.

The inventory is low compared to demand, making it an attractive area for sellers looking to optimize their sale prices while offering buyers a quaint rural appeal. Homes in the area have been selling quickly, further indicating strong demand.

Home Value Estimator For Otisfield, ME

There are currently 1,032 real estate properties in Otisfield, ME, with a median automated valuation model (AVM) price of $282,580.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Otisfield, 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 Otisfield, ME, is $355,229.00, with the most expensive house in Otisfield, ME, topping out at $4,425,182.00 and the cheapest home in Otisfield, ME, clocking in at $19,602.00. In other words, there’s something for every potential homebuyer or savvy investor in Otisfield, ME!

Rent Prices In Otisfield, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Otisfield, ME, is on a rollercoaster ride. The average rent price in Otisfield, ME, is $1,028.00. Indeed, when looking to rent in Otisfield, ME, you can expect to pay as little as $810.00 or as much as $1,290.00, with the average rent median estimated to be $940.00. The good news is that finding an affordable and desirable property to rent in Otisfield, 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.

Otisfield, ME Rent To Own Homes

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