Phillips, ME Foreclosures
How much do homes sell for in Phillips, ME?
The average home price is currently $206,162.
In Phillips, ME, how many homes are available?
There are currently 1 active home listings available in Phillips.
What’s the average rental cost in Phillips, ME?
The average rental price in Phillips is $1,067.
What is the most expensive home in Phillips?
The most expensive home sold in Phillips had a price of $1,110,437.
What is currently the cheapest priced home in Phillips, ME?
The cheapest home for sale in Phillips is priced at $36,820.
Living in Phillips, ME
Phillips, Maine, is a charming and peaceful community characterized by breathtaking natural surroundings and a strong sense of community. It offers various outdoor activities including hiking and fishing, as well as small-town amenities like local shops and eateries. The area is perfect for those looking for a tranquil lifestyle surrounded by Maine's beautiful landscapes.
Current Market Conditions in Phillips, ME
The current real estate market in Phillips, ME, is gradually warming up, with an increase in demand for properties as more individuals seek the tranquility of rural living. Homebuyers are especially interested in recreational properties that offer access to nature and outdoor activities.
With limited properties available, sellers are seeing favorable returns, while buyers are competing in a tight market, leading to quicker sales and, in some cases, bidding wars. First-time buyers and retirees are among those looking to invest in this serene location.
Home Value Estimator For Phillips, ME
There are currently 427 real estate properties
in Phillips, ME,
with a median automated valuation model (AVM) price
of $175,718.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Phillips, 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 Phillips, ME,
is $206,162.00, with the most expensive house
in Phillips, ME, topping out
at $1,110,437.00 and the cheapest home
in Phillips, ME,
clocking in at $36,820.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Phillips, ME!
Rent Prices
In Phillips, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Phillips, ME, is on
a rollercoaster ride. The
average rent price in Phillips, ME,
is $1,067.00. Indeed, when looking to rent in
Phillips, ME, you can expect to pay as little
as $1,000.00 or as much
as $1,350.00,
with the average rent median estimated to
be $1,040.00. The good news is that finding
an affordable and desirable property to rent in Phillips, 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.