There are currently 2,823 real estate properties in Hampden, ME, with a median automated valuation model (AVM) price of $320,624.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hampden, 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 Hampden, ME, is $363,694.00, with the most expensive house in Hampden, ME, topping out at $2,485,877.00 and the cheapest home in Hampden, ME, clocking in at $24,252.00. In other words, there’s something for every potential homebuyer or savvy investor in Hampden, ME!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hampden, ME, is on a rollercoaster ride. The average rent price in Hampden, ME, is $1,966.00. Indeed, when looking to rent in Hampden, ME, you can expect to pay as little as $980.00 or as much as $2,020.00, with the average rent median estimated to be $2,020.00. The good news is that finding an affordable and desirable property to rent in Hampden, 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.
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