As-is Deals in Cape Elizabeth, ME

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12 View this home at Farley Rd Brunswick ME 04011
As-Is Deal
$429,900 List Price
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Foreclosure Homes in Cape Elizabeth, ME

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Cape Elizabeth, ME area at Get information on foreclosure homes for rent, how to buy foreclosures in Cape Elizabeth, ME and much more. Save thousands at closing with home foreclosure listings in Cape Elizabeth, ME — up to 75% off market value!

Top Reasons To Live In Cape Elizabeth, ME In 2023

Cape Elizabeth is located in Cumberland, Maine, with an estimated municipal population of 9,275 residents. All of the best foreclosed homes for sale in Cape Elizabeth are located in the following zip code areas on 04107. The estimated population per square kilometer (.62 miles) in Cape Elizabeth is 243.

Cost Of Living In Cape Elizabeth, ME

So, about how much do homes cost in Cape Elizabeth? The most recent median value of resident-owned homes in Cape Elizabeth is 435,759. An estimated 88.7 percent of households in Cape Elizabeth own their homes, with an average family size of 2.97. The median household income in Cape Elizabeth is 123,116, with57.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cape Elizabeth, the median commute time of resident workers (in minutes) is 24.1. And last, but certainly not least, are you looking for homes to rent in Cape Elizabeth? If so, the average rent price paid by renters in Cape Elizabeth is 1,199, according to recent statistics.

Diversity And Demographics In Cape Elizabeth, Maine

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 Cape Elizabeth, 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 Cape Elizabeth is 49.8, split between 47.4 percent male versus 52.6 female. The percentage of residents who report being married in Cape Elizabeth is 64.5, with an average family size of 2.97.

The percentage of residents who report their race in Cape Elizabeth is as follows:

White 96.9%
Black / African American 0%
Asian 1.3%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.7%
Other 0%

Looking for family-friendly neighborhoods in and/or near Cape Elizabeth? Or maybe you are searching for 55+ active adult communities in and/or near Cape Elizabeth?

The percentage of residents who report their age in Cape Elizabeth is as follows:

Under 10 10.6%
Aged 10-19 12.4%
20s 6.7%
30s 8.5%
40s 11.8%
50s 17.4%
60s 18.7%
70s 8.5%
80+ 5.1%

Best Schools In Cape Elizabeth, Maine

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 Cape Elizabeth with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cape Elizabeth.

Pros And Cons Of Living In Cape Elizabeth, Maine

How do you know that living in -- or moving to -- Cape Elizabeth is right where you need to be? Perhaps you grew up in Cape Elizabeth or already live nearby; therefore, the decision to buy a home in Cape Elizabeth is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cape Elizabeth 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 Cape Elizabeth:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cape Elizabeth.

Reasons To Move To Cape Elizabeth, Maine, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cape Elizabeth can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cape Elizabeth, meanwhile, can field multiple offers from more qualified buyers.

Cape Elizabeth, ME As-is Deals


Listing types in Cape Elizabeth, ME

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