Living in Sherman, ME
Sherman, ME is a quaint and peaceful town situated in Aroostook County, offering a serene lifestyle surrounded by beautiful nature. Ideal for outdoor enthusiasts, Sherman boasts numerous recreational opportunities, and a tight-knit community atmosphere.
Current Market Conditions in Sherman, ME
The current real estate market in Sherman is characterized by stable pricing and a limited number of homes on the market, making it favorable for both buyers and sellers. The region's scenic beauty and proximity to outdoor activities continue to attract homebuyers looking for a retreat from urban centers, resulting in steady demand.
Neighborhoods in Sherman are witnessing a gradual increase in property values, however, homes still remain affordable in comparison to larger towns and cities. The housing market is primarily composed of single-family homes, with many representing good value for the price, appealing to first-time buyers and those seeking vacation properties.
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 $140,779.00. 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 $156,818.00, with the most expensive house
in Sherman, ME, topping out
at $1,055,800.00 and the cheapest home
in Sherman, ME,
clocking in at $22,523.00. 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.
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