Peru, ME Foreclosures
How much do homes sell for in Peru, ME?
The average home price is currently $210,267.
In Peru, ME, how many homes are available?
There are currently 5 active home listings available in Peru.
What’s the average rental cost in Peru, ME?
The average rental price in Peru is $898.
What is the most expensive home in Peru?
The most expensive home sold in Peru had a price of $1,176,500.
What is currently the cheapest priced home in Peru, ME?
The cheapest home for sale in Peru is priced at $25,920.
Living in Peru, ME
Peru, ME, is a charming small town in Oxford County, known for its friendly community and beautiful outdoor scenery. With a strong focus on nature and recreational activities, residents enjoy hiking, fishing, and skiing throughout the year. Educational opportunities are highly valued, adding to the appeal of this peaceful urban retreat.
Current Market Conditions in Peru, ME
The real estate market in Peru, ME, has shown steady growth over the past few years, with home prices gradually increasing as more people discover this serene area. The peaceful atmosphere and natural beauty attract families and retirees alike, contributing to rising demand for homes. As of late, listings are more competitive, reflecting a healthy interest in properties, particularly those with land.
Over the last several months, Peru has experienced a consistent inflow of new residents, many drawn by the area’s affordability compared to nearby cities. This has led to an increase in property values, marking Peru as a desirable location for homebuyers seeking a mix of tranquility and nature.
Current trends indicate a market that favors both buyers and sellers, with a variety of homes available. However, inventory levels are beginning to dwindle as the popularity of the area continues to rise.
Home Value Estimator For Peru, ME
There are currently 809 real estate properties
in Peru, ME,
with a median automated valuation model (AVM) price
of $185,112.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Peru, 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 Peru, ME,
is $210,267.00, with the most expensive house
in Peru, ME, topping out
at $1,176,500.00 and the cheapest home
in Peru, ME,
clocking in at $25,920.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Peru, ME!
Rent Prices
In Peru, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Peru, ME, is on
a rollercoaster ride. The
average rent price in Peru, ME,
is $898.00. Indeed, when looking to rent in
Peru, ME, you can expect to pay as little
as $840.00 or as much
as $1,100.00,
with the average rent median estimated to
be $840.00. The good news is that finding
an affordable and desirable property to rent in Peru, 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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