Foreclosure Homes in New Gloucester, ME

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Tyler Ave
New Gloucester, ME 04260

3 Bed | 2 Bath | 1,820 Sq. Ft.

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Foreclosure Homes in New Gloucester, ME

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

Top Reasons To Live In New Gloucester, ME In 2021

New Gloucester is located in Cumberland, Maine, with an estimated municipal population of 5,738 residents. All of the best foreclosed homes for sale in New Gloucester are located in the following zip code areas on 04260. The estimated population per square kilometer (.62 miles) in New Gloucester is 47.

Cost Of Living In New Gloucester, ME

So, about how much do homes cost in New Gloucester? The most recent median value of resident-owned homes in New Gloucester is 231,267. An estimated 83.3 percent of households in New Gloucester own their homes, with an average family size of 3.05. The median household income in New Gloucester is 74,769, with35.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in New Gloucester, the median commute time of resident workers (in minutes) is 30.5. And last, but certainly not least, are you looking for homes to rent in New Gloucester? If so, the average rent price paid by renters in New Gloucester is 1,110, according to recent statistics.

Diversity And Demographics In New Gloucester, 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 New Gloucester, 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 New Gloucester is 39.9, split between 51.7 percent male versus 48.3 female. The percentage of residents who report being married in New Gloucester is 63.3, with an average family size of 3.05.

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

White 96%
Black / African American 0.1%
Asian 1.7%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.2%
Other 0%

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

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

Under 10 14.5%
Aged 10-19 11.1%
20s 8.3%
30s 16.3%
40s 16.6%
50s 17.3%
60s 8.7%
70s 5.8%
80+ 1.5%

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

Pros And Cons Of Living In New Gloucester, Maine

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

  • 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 New Gloucester.

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


Listing types in New Gloucester, ME

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