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Short Sale Listings in Castine, ME

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View this home at Merrill Rd Penobscot ME 04476
Preforeclosure
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Merrill Rd
Penobscot, ME 04476
AUCTION: 05-07-2024
View this home at Mariaville Rd Ellsworth ME 04605
Preforeclosure
VIEW DETAILS
$147,200 EMV
Mariaville Rd
Ellsworth, ME 04605
Single-Family
EST. RENT: $1,430
|
AUCTION: 05-16-2024
Single-Family
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Top Reasons To Live In Castine, ME In 2024

Castine is located in Hancock, Maine, with an estimated municipal population of 1,117 residents. All of the best foreclosed homes for sale in Castine are located in the following zip code areas on Foreclosure.com: 04421 04420. The estimated population per square kilometer (.62 miles) in Castine is 55.


Cost Of Living In Castine, ME

So, about how much do homes cost in Castine? The most recent median value of resident-owned homes in Castine is 347,246. An estimated 57.8 percent of households in Castine own their homes, with an average family size of 2.75. The median household income in Castine is 62,292, with31.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Castine, the median commute time of resident workers (in minutes) is 13.1. And last, but certainly not least, are you looking for homes to rent in Castine? If so, the average rent price paid by renters in Castine is 1,073, according to recent statistics.


Diversity And Demographics In Castine, 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 Castine, 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 Castine is 21, split between 66.1 percent male versus 33.9 female. The percentage of residents who report being married in Castine is 28, with an average family size of 2.75.

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

White 96.7%
Black / African American 0.3%
Asian 0.3%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.8%
Other 0%

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

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

Under 10 3.6%
Aged 10-19 29.5%
20s 34.5%
30s 2.5%
40s 6.3%
50s 4.6%
60s 7.4%
70s 6.4%
80+ 5%

Best Schools In Castine, 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 Castine with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Castine.


Pros And Cons Of Living In Castine, Maine

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

  • 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 Castine.


Reasons To Move To Castine, Maine, In 2024

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

Castine, ME Short Sale Listings


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