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Foreclosure Homes in Palmyra, ME

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Palmyra, ME Foreclosures

How much do homes sell for in Palmyra, ME?
The average home price is currently $215,549.
In Palmyra, ME, how many homes are available?
There are currently 3 active home listings available in Palmyra.
What’s the average rental cost in Palmyra, ME?
The average rental price in Palmyra is $988.
What is the most expensive home in Palmyra?
The most expensive home sold in Palmyra had a price of $3,075,251.
What is currently the cheapest priced home in Palmyra, ME?
The cheapest home for sale in Palmyra is priced at $19,184.

Living in Palmyra, ME

Palmyra, ME is a charming small town where community and nature come together. With its beautiful landscapes and friendly locals, it offers a peaceful lifestyle away from urban chaos. Outdoor activities abound, making it a great place for families and nature enthusiasts alike.

Current Market Conditions in Palmyra, ME

The Palmyra real estate market has shown signs of stability in recent months, with steady interest from buyers seeking affordable homes in rural Maine. As more individuals and families look to relocate outside of urban areas due to flexible work arrangements, Palmyra has emerged as an attractive option with its reasonable home prices and community-oriented atmosphere.

There is a growing trend among homebuyers favoring properties that offer outdoor space and proximity to nature. The demand for homes with gardens and access to recreational areas has spurred a slight increase in home values over the last quarter.

Home Value Estimator For Palmyra, ME

There are currently 920 real estate properties in Palmyra, ME, with a median automated valuation model (AVM) price of $185,928.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Palmyra, 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 Palmyra, ME, is $215,549.00, with the most expensive house in Palmyra, ME, topping out at $3,075,251.00 and the cheapest home in Palmyra, ME, clocking in at $19,184.00. In other words, there’s something for every potential homebuyer or savvy investor in Palmyra, ME!

Rent Prices In Palmyra, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Palmyra, ME, is on a rollercoaster ride. The average rent price in Palmyra, ME, is $988.00. Indeed, when looking to rent in Palmyra, ME, you can expect to pay as little as $620.00 or as much as $1,300.00, with the average rent median estimated to be $940.00. The good news is that finding an affordable and desirable property to rent in Palmyra, 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.

Palmyra, ME Foreclosures


Market Trend for Palmyra, ME

Total Listings Available: 3

Market Values:

Home Prices from $19,184 to $3,075,251

Average Sales Price: $215,549

Rental Values:

Rental from $620 to $1,300

Average Rent Value: $988 / month

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