There are currently 2,000 real estate properties in Bar Harbor, ME, with a median automated valuation model (AVM) price of $430,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bar Harbor, 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 Bar Harbor, ME, is $501,974.00, with the most expensive house in Bar Harbor, ME, topping out at $9,656,900.00 and the cheapest home in Bar Harbor, ME, clocking in at $182,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Bar Harbor, ME!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bar Harbor, ME, is on a rollercoaster ride. The average rent price in Bar Harbor, ME, is $1,712.00. Indeed, when looking to rent in Bar Harbor, ME, you can expect to pay as little as $1,000.00 or as much as $2,700.00, with the average rent median estimated to be $1,760.00. The good news is that finding an affordable and desirable property to rent in Bar Harbor, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Bar Harbor, ME area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Bar Harbor, ME and much more. Save thousands at closing with home foreclosure listings in Bar Harbor, ME — up to 75% off market value!
Bar Harbor is located in Hancock, Maine, with an estimated municipal population of 5,470 residents. All of the best foreclosed homes for sale in Bar Harbor are located in the following zip code areas on Foreclosure.com: 04609 04644 04672. The estimated population per square kilometer (.62 miles) in Bar Harbor is 49.
So, about how much do homes cost in Bar Harbor? The most recent median value of resident-owned homes in Bar Harbor is 315,492. An estimated 62.1 percent of households in Bar Harbor own their homes, with an average family size of 2.66. The median household income in Bar Harbor is 66,591, with33.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Bar Harbor, the median commute time of resident workers (in minutes) is 14.2. And last, but certainly not least, are you looking for homes to rent in Bar Harbor? If so, the average rent price paid by renters in Bar Harbor is 864, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Bar Harbor, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Bar Harbor is 45.2, split between 51.3 percent male versus 48.7 female. The percentage of residents who report being married in Bar Harbor is 43.6, with an average family size of 2.66.
The percentage of residents who report their race in Bar Harbor is as follows:
|Black / African American||2.9%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Bar Harbor? Or maybe you are searching for 55+ active adult communities in and/or near Bar Harbor?
The percentage of residents who report their age in Bar Harbor is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Bar Harbor with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Bar Harbor.
How do you know that living in -- or moving to -- Bar Harbor is right where you need to be? Perhaps you grew up in Bar Harbor or already live nearby; therefore, the decision to buy a home in Bar Harbor is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Bar Harbor for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Bar Harbor:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Bar Harbor.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Bar Harbor can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Bar Harbor, meanwhile, can field multiple offers from more qualified buyers.
Millions of people receive foreclosure alerts daily, don't miss out.