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Foreclosure Homes in Newport, ME

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10 Highland-ave-Newport-ME-04953
Foreclosure
$66,500 List Price

Highland Ave
Newport, ME 04953

2 Bed | 1 Bath | 1,001 Sq. Ft.

12 Water-st-Newport-ME-04953
Foreclosure
$39,900 List Price

Water St
Newport, ME 04953

3 Bed | 2 Bath | 1,956 Sq. Ft.

Elm-st-Newport-ME-04953
Preforeclosure
$119,850 EMV

Elm St
Newport, ME 04953

4 Bed | 2 Bath | 2,128 Sq. Ft.

1 Elm-st-Newport-ME-04953
Preforeclosure
$119,850 EMV

Elm St
Newport, ME 04953

4 Bed | 2 Bath | 2,128 Sq. Ft.

Elm-st-Newport-ME-04953
Preforeclosure
$119,850 EMV

Elm St
Newport, ME 04953

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Foreclosure Homes in Newport, ME

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


Top Reasons To Live In Newport, ME In 2021

Newport is located in Penobscot, Maine, with an estimated municipal population of 3,257 residents. All of the best foreclosed homes for sale in Newport are located in the following zip code areas on Foreclosure.com: 04953 04933. The estimated population per square kilometer (.62 miles) in Newport is 42.


Cost Of Living In Newport, ME

So, about how much do homes cost in Newport? The most recent median value of resident-owned homes in Newport is 157,843. An estimated 73.6 percent of households in Newport own their homes, with an average family size of 3.07. The median household income in Newport is 53,667, with17.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Newport, the median commute time of resident workers (in minutes) is 23.7. And last, but certainly not least, are you looking for homes to rent in Newport? If so, the average rent price paid by renters in Newport is 713, according to recent statistics.


Diversity And Demographics In Newport, 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 Newport, 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 Newport is 47.7, split between 51.3 percent male versus 48.7 female. The percentage of residents who report being married in Newport is 56, with an average family size of 3.07.

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

White 97.5%
Black / African American 0.4%
Asian 0.4%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.3%
Other 0%

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

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

Under 10 8.2%
Aged 10-19 12.7%
20s 8.4%
30s 8.6%
40s 16.2%
50s 14.8%
60s 14.9%
70s 11%
80+ 5%

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


Pros And Cons Of Living In Newport, Maine

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

  • 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 Newport.


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

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Listing types in Newport, ME

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