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Foreclosure Homes in Milo, ME

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Clinton-st-Milo-ME-04463
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Clinton St
Milo, ME 04463

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Home Value Estimator For Milo, ME

There are currently 41 real estate properties in Milo, ME, with a median automated valuation model (AVM) price of $127,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Milo, 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 Milo, ME, is $158,332.00, with the most expensive house in Milo, ME, topping out at $587,300.00 and the cheapest home in Milo, ME, clocking in at $56,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Milo, ME!


Rent Prices In Milo, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Milo, ME, is on a rollercoaster ride. The average rent price in Milo, ME, is $1,182.00. Indeed, when looking to rent in Milo, ME, you can expect to pay as little as $800.00 or as much as $1,520.00, with the average rent median estimated to be $1,190.00. The good news is that finding an affordable and desirable property to rent in Milo, 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.


Foreclosure Homes in Milo, ME

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Milo, ME area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Milo, ME and much more. Save thousands at closing with home foreclosure listings in Milo, ME — up to 75% off market value!


Top Reasons To Live In Milo, ME In 2021

Milo is located in Piscataquis, Maine, with an estimated municipal population of 2,602 residents. All of the best foreclosed homes for sale in Milo are located in the following zip code areas on Foreclosure.com: 04463. The estimated population per square kilometer (.62 miles) in Milo is 30.


Cost Of Living In Milo, ME

So, about how much do homes cost in Milo? The most recent median value of resident-owned homes in Milo is 68,369. An estimated 69.4 percent of households in Milo own their homes, with an average family size of 3.15. The median household income in Milo is 35,667, with5.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Milo, the median commute time of resident workers (in minutes) is 27.1. And last, but certainly not least, are you looking for homes to rent in Milo? If so, the average rent price paid by renters in Milo is 790, according to recent statistics.


Diversity And Demographics In Milo, 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 Milo, 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 Milo is 43.6, split between 49.2 percent male versus 50.8 female. The percentage of residents who report being married in Milo is 39.4, with an average family size of 3.15.

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

White 97.7%
Black / African American 0.9%
Asian 0.4%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1%
Other 0%

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

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

Under 10 9.9%
Aged 10-19 11.8%
20s 12.7%
30s 10.9%
40s 16.2%
50s 13.2%
60s 12.6%
70s 7.3%
80+ 5.3%

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


Pros And Cons Of Living In Milo, Maine

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

  • 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 Milo.


Reasons To Move To Milo, Maine, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Milo can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Milo, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Milo, ME

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