Troy, ME Foreclosures
How much do homes sell for in Troy, ME?
The average home price is currently $252,740.
What’s the average rental cost in Troy, ME?
The average rental price in Troy is $1,042.
What is the most expensive home in Troy?
The most expensive home sold in Troy had a price of $1,178,533.
What is currently the cheapest priced home in Troy, ME?
The cheapest home for sale in Troy is priced at $42,540.
Living in Troy, ME
Troy is a charming town located in Waldo County, Maine, offering a peaceful rural lifestyle with close-knit community vibes. Known for its beautiful landscapes and outdoor activities, residents enjoy access to numerous lakes and forests. The town's rich history and small-town charm make it a lovely place for families and retirees alike.
Current Market Conditions in Troy, ME
The real estate market in Troy, ME, has been experiencing steady growth as more people seek out homes in tranquil, rural settings. The demand for properties is increasing, driven by those looking for vacation homes or retirement locales, particularly as remote work options become more common. Homes tend to sell quickly, and many sellers are receiving multiple offers, reflecting the high interest in the area.
Average home prices in Troy are competitive, making it an attractive option for first-time home buyers and families. The market shows potential for further appreciation as developments in nearby towns draw more residents and increase economic activity. Investors are also showing interest, recognizing the potential for rental properties in this picturesque location.
Home Value Estimator For Troy, ME
There are currently 303 real estate properties
in Troy, ME,
with a median automated valuation model (AVM) price
of $243,232.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Troy, 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 Troy, ME,
is $252,740.00, with the most expensive house
in Troy, ME, topping out
at $1,178,533.00 and the cheapest home
in Troy, ME,
clocking in at $42,540.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Troy, ME!
Rent Prices
In Troy, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Troy, ME, is on
a rollercoaster ride. The
average rent price in Troy, ME,
is $1,042.00. Indeed, when looking to rent in
Troy, ME, you can expect to pay as little
as $1,020.00 or as much
as $1,190.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in Troy, 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.
Learn more on Foreclosure homes
