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Preforeclosure Homes in Union, ME

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Living in Union, ME

Union, ME, is a serene town defined by its natural beauty and tight-knit community. With various outdoor activities available, the town offers a peaceful lifestyle while remaining accessible to urban areas. With its rich local culture and scenic surroundings, it's an attractive location for potential real estate investors.

Current Market Conditions in Union, ME

The real estate market in Union, ME has shown steady growth, with an increasing demand for homes as more people seek refuge in rural areas post-pandemic. Prices have seen a gradual rise, making it a favorable time for investors looking to capitalize on this trend.

Investors can expect a range of properties, from quaint cottages to larger estates, catering to various budgets. The affordability compared to neighboring regions also positions Union as an attractive investment opportunity in the Midcoast Maine region.

Home Value Estimator For Union, ME

There are currently 1,119 real estate properties in Union, ME, with a median automated valuation model (AVM) price of $368,069.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Union, 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 Union, ME, is $407,048.00, with the most expensive house in Union, ME, topping out at $1,853,187.00 and the cheapest home in Union, ME, clocking in at $30,924.00. In other words, there’s something for every potential homebuyer or savvy investor in Union, ME!

Rent Prices In Union, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Union, ME, is on a rollercoaster ride. The average rent price in Union, ME, is $1,240.00. Indeed, when looking to rent in Union, ME, you can expect to pay as little as $1,000.00 or as much as $1,350.00, with the average rent median estimated to be $1,250.00. The good news is that finding an affordable and desirable property to rent in Union, 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.

Union, ME Preforeclosure Homes


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