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Short Sale Listings 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 $154,282.
In Sherman, ME, how many homes are available?
There are currently 5 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 $24,016.

Living in Sherman, ME

Sherman, ME, is a charming rural community located in northern Maine, known for its stunning natural landscapes and tight-knit community feel. Residents enjoy a peaceful lifestyle with access to outdoor activities such as hiking, fishing, and hunting. The nearby town of Patten provides essential amenities, making Sherman a convenient and serene place to call home.

Current Market Conditions in Sherman, ME

The real estate market in Sherman, ME, is characterized by affordable housing options, making it an attractive target for first-time homebuyers and those seeking vacation properties. The average home price continues to show stability, reflecting increasing interest in rural living and second homes in northern Maine. Recent trends indicate a slight uptick in home sales as buyers are drawn to the area's natural beauty and outdoor recreational opportunities.

With its low population density and a focus on outdoor activities, Sherman has seen an increase in interest from remote workers and those relocating from urban areas. This trend has contributed to a gradual rise in property values as demand for homes in rural settings continues to grow.

Home Value Estimator For Sherman, ME

There are currently 346 real estate properties in Sherman, ME, with a median automated valuation model (AVM) price of $138,124.00. 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 $154,282.00, 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 $24,016.00. 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 Short Sale Listings

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