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Foreclosure Homes in Westbrook, ME

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Westbrook, ME Foreclosures

How much do homes sell for in Westbrook, ME?
The average home price is currently $456,112.
In Westbrook, ME, how many homes are available?
There are currently 14 active home listings available in Westbrook.
What’s the average rental cost in Westbrook, ME?
The average rental price in Westbrook is $1,419.
What is the most expensive home in Westbrook?
The most expensive home sold in Westbrook had a price of $16,777,122.
What is currently the cheapest priced home in Westbrook, ME?
The cheapest home for sale in Westbrook is priced at $39,000.

Living in Westbrook, ME

Westbrook, Maine, is a vibrant city located just a few miles northwest of Portland. Known for its friendly community, it offers a mix of suburban charm and urban conveniences. With access to the Presumpscot River and numerous parks, residents enjoy a range of outdoor activities. The city's close proximity to Portland also provides excellent dining, shopping, and cultural experiences.

Current Market Conditions in Westbrook, ME

The real estate market in Westbrook has been experiencing steady growth, driven by an influx of buyers seeking more affordable options compared to nearby Portland. The demand for homes in this area has increased due to its attractive lifestyle, which blends suburban living with easy access to urban amenities.

Recent trends show a rise in home values as more families and young professionals move to the area. There has been a marked interest in single-family homes, with many buyers drawn to Westbrook's community feel and quality schools.

Home Value Estimator For Westbrook, ME

There are currently 6,558 real estate properties in Westbrook, ME, with a median automated valuation model (AVM) price of $445,930.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Westbrook, 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 Westbrook, ME, is $456,112.00, with the most expensive house in Westbrook, ME, topping out at $16,777,122.00 and the cheapest home in Westbrook, ME, clocking in at $39,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Westbrook, ME!

Rent Prices In Westbrook, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Westbrook, ME, is on a rollercoaster ride. The average rent price in Westbrook, ME, is $1,419.00. Indeed, when looking to rent in Westbrook, ME, you can expect to pay as little as $1,080.00 or as much as $2,340.00, with the average rent median estimated to be $1,440.00. The good news is that finding an affordable and desirable property to rent in Westbrook, 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.

Westbrook, ME Foreclosures

Market Trend for Westbrook, ME

Total Listings Available: 14

Market Values:

Home Prices from $39,000 to $16,777,122

Average Sales Price: $456,112

Rental Values:

Rental from $1,080 to $2,340

Average Rent Value: $1,419 / month

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