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Rent To Own Homes in Sullivan, ME

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Living in Sullivan, ME

Sullivan, Maine, is a beautiful small town known for its natural beauty and a strong sense of community. With its proximity to Acadia National Park, residents can enjoy a variety of outdoor activities year-round. The town maintains a peaceful atmosphere, making it an appealing place for families and retirees alike.

Current Market Conditions in Sullivan, ME

The real estate market in Sullivan has shown steady growth over the past year, with increasing interest in vacation homes and year-round residences. Home prices have appreciated as more people seek out rural locations for a slower pace of life.

There has been a notable demand for properties near waterfronts, especially as recreational activities and scenic views attract buyers. Inventory remains limited, leading to competitive bidding for desirable homes.

Home Value Estimator For Sullivan, ME

There are currently 475 real estate properties in Sullivan, ME, with a median automated valuation model (AVM) price of $288,577.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sullivan, 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 Sullivan, ME, is $333,319.00, with the most expensive house in Sullivan, ME, topping out at $1,824,263.00 and the cheapest home in Sullivan, ME, clocking in at $42,574.00. In other words, there’s something for every potential homebuyer or savvy investor in Sullivan, ME!

Rent Prices In Sullivan, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sullivan, ME, is on a rollercoaster ride. The average rent price in Sullivan, ME, is $973.00. Indeed, when looking to rent in Sullivan, ME, you can expect to pay as little as $760.00 or as much as $1,350.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Sullivan, 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.

Sullivan, ME Rent To Own Homes

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