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Foreclosure Homes in Sherman, ME 04776

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Sherman, ME Foreclosures

How much do homes sell for in Sherman, ME?
The average home price is currently $142,942.
In Sherman, ME, how many homes are available?
There are currently 4 active home listings available in Sherman.
What’s the average rental cost in Sherman, ME?
The average rental price in Sherman is $920.
What is the most expensive home in Sherman?
The most expensive home sold in Sherman had a price of $1,078,400.
What is currently the cheapest priced home in Sherman, ME?
The cheapest home for sale in Sherman is priced at $23,670.

Living in Sherman, ME

Sherman, Maine is a quaint and picturesque town located in Aroostook County, known for its beautiful landscapes and friendly community. This rural area is characterized by its close-knit community and outdoor recreational activities that residents cherish, such as hiking, fishing, and snowmobiling in the winter. The town offers a unique blend of tranquility and adventure, making it an ideal location for those seeking both peace and excitement.

Current Market Conditions in Sherman, ME

The real estate market in Sherman has shown stability with modest growth in home prices over the past year. As a rural area, the housing demand remains steady, particularly among those looking to relocate from urban centers to enjoy a quieter lifestyle. Homebuyers are increasingly interested in properties that offer larger parcels of land, which has become a desirable feature as people seek better outdoor spaces for recreational use.

New developments are limited, but existing homes are being well maintained, and renovations are becoming common as younger families move into the area. Overall, Sherman remains an attractive market for buyers looking for affordable housing options within a peaceful rural setting.

Home Value Estimator For Sherman, ME

There are currently 396 real estate properties in Sherman, ME, with a median automated valuation model (AVM) price of $122,250.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sherman, 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 Sherman, ME, is $142,942.00, with the most expensive house in Sherman, ME, topping out at $1,078,400.00 and the cheapest home in Sherman, ME, clocking in at $23,670.00. In other words, there’s something for every potential homebuyer or savvy investor in Sherman, ME!

Rent Prices In Sherman, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sherman, ME, is on a rollercoaster ride. The average rent price in Sherman, ME, is $920.00. Indeed, when looking to rent in Sherman, ME, you can expect to pay as little as $770.00 or as much as $1,260.00, with the average rent median estimated to be $920.00. The good news is that finding an affordable and desirable property to rent in Sherman, 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.

Sherman, ME 04776 Foreclosures


Market Trend for Sherman, ME

Total Listings Available: 4

Market Values:

Home Prices from $23,670 to $1,078,400

Average Sales Price: $142,942

Rental Values:

Rental from $770 to $1,260

Average Rent Value: $920 / month

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