Solon, ME Foreclosures
How much do homes sell for in Solon, ME?
The average home price is currently $228,576.
In Solon, ME, how many homes are available?
There are currently 2 active home listings available in Solon.
What’s the average rental cost in Solon, ME?
The average rental price in Solon is $874.
What is the most expensive home in Solon?
The most expensive home sold in Solon had a price of $1,544,100.
What is currently the cheapest priced home in Solon, ME?
The cheapest home for sale in Solon is priced at $50,796.
Living in Solon, ME
Solon is a quaint town located in Somerset County, Maine, known for its picturesque landscapes and charming community atmosphere. The town offers a tranquil living environment with easy access to outdoor activities like hiking, fishing, and exploring the nearby Kennebec River. Residents enjoy a strong sense of community and a slower pace of life, making it an ideal location for families and retirees alike.
Current Market Conditions in Solon, ME
The real estate market in Solon is currently experiencing a steady growth trend, reflecting a broader interest in rural living as more people seek homes in quieter areas. Property prices have shown modest increases over the past several months, and inventory remains relatively limited, making it a favorable market for sellers. The demand for single-family homes and seasonal properties continues to attract buyers looking for peaceful escapes in nature.
In the past month, inquiries from potential buyers have risen, indicating a strong interest in the area, particularly among families and retirees. The balance between supply and demand is currently tilting towards sellers as new listings often attract multiple offers.
Home Value Estimator For Solon, ME
There are currently 393 real estate properties
in Solon, ME,
with a median automated valuation model (AVM) price
of $204,434.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Solon, 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 Solon, ME,
is $228,576.00, with the most expensive house
in Solon, ME, topping out
at $1,544,100.00 and the cheapest home
in Solon, ME,
clocking in at $50,796.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Solon, ME!
Rent Prices
In Solon, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Solon, ME, is on
a rollercoaster ride. The
average rent price in Solon, ME,
is $874.00. Indeed, when looking to rent in
Solon, ME, you can expect to pay as little
as $650.00 or as much
as $1,350.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Solon, 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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