Living in Perham, ME
Perham, ME is a quaint town offering a peaceful lifestyle surrounded by nature. With many recreational opportunities, a strong sense of community, and essential amenities, it presents an attractive option for families and outdoor enthusiasts. The area is rich in local culture and history, enhancing its charm as a place to live and invest.
Current Market Conditions in Perham, ME
The real estate market in Perham, ME has remained stable, with homes appreciating gradually over the years. The appeal of affordable housing stock and the town's natural resources have led to increased interest among potential real estate investors.
Currently, the demand for homes in Perham is steady, with buyers looking for properties that offer good investment potential as vacation retreats or year-round residences. This consistent interest signifies positive trends for investors looking to enter the market.
Home Value Estimator For Perham, ME
There are currently 128 real estate properties
in Perham, ME,
with a median automated valuation model (AVM) price
of $127,603.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Perham, 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 Perham, ME,
is $141,250.00, with the most expensive house
in Perham, ME, topping out
at $563,600.00 and the cheapest home
in Perham, ME,
clocking in at $48,176.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Perham, ME!
Rent Prices
In Perham, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Perham, ME, is on
a rollercoaster ride. The
average rent price in Perham, ME,
is $1,030.00. Indeed, when looking to rent in
Perham, ME, you can expect to pay as little
as $970.00 or as much
as $1,350.00,
with the average rent median estimated to
be $970.00. The good news is that finding
an affordable and desirable property to rent in Perham, 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.
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