Short Sale Listings in Knox, ME

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Home Value Estimator For Knox, ME

There are currently 252 real estate properties in Knox, ME, with a median automated valuation model (AVM) price of $131,034.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Knox, 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 Knox, ME, is $155,624.00, with the most expensive house in Knox, ME, topping out at $823,088.00 and the cheapest home in Knox, ME, clocking in at $26,520.00. In other words, there’s something for every potential homebuyer or savvy investor in Knox, ME!

Rent Prices In Knox, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Knox, ME, is on a rollercoaster ride. The average rent price in Knox, ME, is $1,008.00. Indeed, when looking to rent in Knox, ME, you can expect to pay as little as $880.00 or as much as $1,400.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Knox, 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 Knox, ME In 2024

Knox is located in Waldo, Maine, with an estimated municipal population of 852 residents. All of the best foreclosed homes for sale in Knox are located in the following zip code areas on 04986. The estimated population per square kilometer (.62 miles) in Knox is 11.

Cost Of Living In Knox, ME

So, about how much do homes cost in Knox? The most recent median value of resident-owned homes in Knox is 103,722. An estimated 88 percent of households in Knox own their homes, with an average family size of 2.91. The median household income in Knox is 48,008, with12.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Knox, the median commute time of resident workers (in minutes) is 37.6. And last, but certainly not least, are you looking for homes to rent in Knox? If so, the average rent price paid by renters in Knox is 829, according to recent statistics.

Diversity And Demographics In Knox, 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 Knox, 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 Knox is 43.5, split between 53.3 percent male versus 46.7 female. The percentage of residents who report being married in Knox is 53.1, with an average family size of 2.91.

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

White 97.3%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 1.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.4%
Other 1.3%

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

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

Under 10 11.9%
Aged 10-19 11.8%
20s 12.8%
30s 10.1%
40s 10.2%
50s 22%
60s 13.5%
70s 4.6%
80+ 3.2%

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

Pros And Cons Of Living In Knox, Maine

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

  • 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 Knox.

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

Knox, ME Short Sale Listings


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