There are currently 4,498 real estate properties in FALMOUTH, ME, with a median automated valuation model (AVM) price of $606,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in FALMOUTH, 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 FALMOUTH, ME, is $645,525.00, with the most expensive house in FALMOUTH, ME, topping out at $5,637,300.00 and the cheapest home in FALMOUTH, ME, clocking in at $196,100.00. In other words, there’s something for every potential homebuyer or savvy investor in FALMOUTH, ME!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in FALMOUTH, ME, is on a rollercoaster ride. The average rent price in FALMOUTH, ME, is $2,170.00. Indeed, when looking to rent in FALMOUTH, ME, you can expect to pay as little as $1,260.00 or as much as $4,010.00, with the average rent median estimated to be $2,170.00. The good news is that finding an affordable and desirable property to rent in FALMOUTH, 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.