Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Milford, ME area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Milford, ME and much more. Save thousands at closing with home foreclosure listings in Milford, ME — up to 75% off market value!
Milford is located in Penobscot, Maine, with an estimated municipal population of 2,991 residents. All of the best foreclosed homes for sale in Milford are located in the following zip code areas on Foreclosure.com: 04461. The estimated population per square kilometer (.62 miles) in Milford is 25.
So, about how much do homes cost in Milford? The most recent median value of resident-owned homes in Milford is 109,255. An estimated 75.6 percent of households in Milford own their homes, with an average family size of 2.83. The median household income in Milford is 53,349, with18.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Milford, the median commute time of resident workers (in minutes) is 22.9. And last, but certainly not least, are you looking for homes to rent in Milford? If so, the average rent price paid by renters in Milford is 929, according to recent statistics.
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 Milford, 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 Milford is 36.3, split between 45.4 percent male versus 54.6 female. The percentage of residents who report being married in Milford is 52.8, with an average family size of 2.83.
The percentage of residents who report their race in Milford is as follows:
|Black / African American||0%|
|American Indian / Alaskan Native||2.4%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Milford? Or maybe you are searching for 55+ active adult communities in and/or near Milford?
The percentage of residents who report their age in Milford is as follows:
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 Milford with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Milford.
How do you know that living in -- or moving to -- Milford is right where you need to be? Perhaps you grew up in Milford or already live nearby; therefore, the decision to buy a home in Milford is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Milford 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 Milford:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Milford.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Milford can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Milford, meanwhile, can field multiple offers from more qualified buyers.