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Foreclosures in Fryeburg, ME

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Home Value Estimator For Fryeburg, ME

There are currently 1,386 real estate properties in Fryeburg, ME, with a median automated valuation model (AVM) price of $305,984.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fryeburg, 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 Fryeburg, ME, is $356,428.00, with the most expensive house in Fryeburg, ME, topping out at $4,500,000.00 and the cheapest home in Fryeburg, ME, clocking in at $24,490.00. In other words, there’s something for every potential homebuyer or savvy investor in Fryeburg, ME!


Rent Prices In Fryeburg, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fryeburg, ME, is on a rollercoaster ride. The average rent price in Fryeburg, ME, is $1,099.00. Indeed, when looking to rent in Fryeburg, ME, you can expect to pay as little as $700.00 or as much as $1,350.00, with the average rent median estimated to be $1,150.00. The good news is that finding an affordable and desirable property to rent in Fryeburg, 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.


Top Reasons To Live In Fryeburg, ME In 2024

Fryeburg is located in Oxford, Maine, with an estimated municipal population of 3,421 residents. All of the best foreclosed homes for sale in Fryeburg are located in the following zip code areas on Foreclosure.com: 04037. The estimated population per square kilometer (.62 miles) in Fryeburg is 22.


Cost Of Living In Fryeburg, ME

So, about how much do homes cost in Fryeburg? The most recent median value of resident-owned homes in Fryeburg is 183,924. An estimated 79.3 percent of households in Fryeburg own their homes, with an average family size of 3.77. The median household income in Fryeburg is 55,923, with21.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Fryeburg, the median commute time of resident workers (in minutes) is 24.4. And last, but certainly not least, are you looking for homes to rent in Fryeburg? If so, the average rent price paid by renters in Fryeburg is 548, according to recent statistics.


Diversity And Demographics In Fryeburg, 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 Fryeburg, 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 Fryeburg is 41.8, split between 44.6 percent male versus 55.4 female. The percentage of residents who report being married in Fryeburg is 47.3, with an average family size of 3.77.

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

White 93.8%
Black / African American 0.2%
Asian 0.5%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 5.5%
Other 0%

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

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

Under 10 10.7%
Aged 10-19 17.5%
20s 8.3%
30s 11.9%
40s 13.4%
50s 13.5%
60s 13.3%
70s 6.5%
80+ 4.9%

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


Pros And Cons Of Living In Fryeburg, Maine

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

  • 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 Fryeburg.


Reasons To Move To Fryeburg, 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 Fryeburg can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Fryeburg, meanwhile, can field multiple offers from more qualified buyers.

Fryeburg, ME Foreclosures


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