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Preforeclosure Homes in Truro, MA

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Living in Truro, MA

Truro, MA, is a charming town on Cape Cod, known for its natural beauty and outdoor lifestyle. Enjoy white sandy beaches and scenic landscapes, along with a strong sense of community. With access to various local amenities, Truro is a wonderful place to live or invest.

Current Market Conditions in Truro, MA

The real estate market in Truro is currently experiencing a steady increase in demand, particularly from second-home buyers and those seeking vacation properties. This trend has been fueled by the town's growing popularity as a summer destination, leading to a competitive market for available homes.

Home prices in Truro vary widely, but there has been a noticeable uptick in values over the past few years as more buyers seek out the charm and tranquility of Cape Cod living. The limited inventory often results in multiple offers for desirable properties, indicating a favorable market for sellers.

Home Value Estimator For Truro, MA

There are currently 2,944 real estate properties in Truro, MA, with a median automated valuation model (AVM) price of $1,150,017.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Truro, MA, 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 Truro, MA, is $1,362,993.00, with the most expensive house in Truro, MA, topping out at $14,045,068.00 and the cheapest home in Truro, MA, clocking in at $53,256.00. In other words, there’s something for every potential homebuyer or savvy investor in Truro, MA!

Rent Prices In Truro, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Truro, MA, is on a rollercoaster ride. The average rent price in Truro, MA, is $1,985.00. Indeed, when looking to rent in Truro, MA, you can expect to pay as little as $930.00 or as much as $3,230.00, with the average rent median estimated to be $2,050.00. The good news is that finding an affordable and desirable property to rent in Truro, MA -- 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.

Truro, MA Preforeclosure Homes


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