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Foreclosure Homes in Orrington, ME

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1 River-rd-Orrington-ME-04474
Foreclosure
$99,900 List Price

River Rd
Orrington, ME 04474

Ruby-ln-Orrington-ME-04474
Preforeclosure
$145,350 EMV

Ruby Ln
Orrington, ME 04474

| 0 Sq. Ft.

19 Fields-pond-rd-Orrington-ME-04474
Fixer Upper
$149,900 List Price

Fields Pond Rd
Orrington, ME 04474

2 Bed | 1 Bath

Displaying 1 - 3 of 3
 

Home Value Estimator For Orrington, ME

There are currently 40 real estate properties in Orrington, ME, with a median automated valuation model (AVM) price of $240,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Orrington, 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 Orrington, ME, is $246,335.00, with the most expensive house in Orrington, ME, topping out at $421,500.00 and the cheapest home in Orrington, ME, clocking in at $48,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Orrington, ME!


Rent Prices In Orrington, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Orrington, ME, is on a rollercoaster ride. The average rent price in Orrington, ME, is $1,268.00. Indeed, when looking to rent in Orrington, ME, you can expect to pay as little as $820.00 or as much as $1,600.00, with the average rent median estimated to be $1,260.00. The good news is that finding an affordable and desirable property to rent in Orrington, 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 Orrington, ME

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


Top Reasons To Live In Orrington, ME In 2021

Orrington is located in Penobscot, Maine, with an estimated municipal population of 3,671 residents. All of the best foreclosed homes for sale in Orrington are located in the following zip code areas on Foreclosure.com: 04474. The estimated population per square kilometer (.62 miles) in Orrington is 56.


Cost Of Living In Orrington, ME

So, about how much do homes cost in Orrington? The most recent median value of resident-owned homes in Orrington is 177,932. An estimated 87.8 percent of households in Orrington own their homes, with an average family size of 3.01. The median household income in Orrington is 70,833, with23.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Orrington, the median commute time of resident workers (in minutes) is 21.4. And last, but certainly not least, are you looking for homes to rent in Orrington? If so, the average rent price paid by renters in Orrington is 950, according to recent statistics.


Diversity And Demographics In Orrington, 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 Orrington, 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 Orrington is 48.7, split between 49 percent male versus 51 female. The percentage of residents who report being married in Orrington is 53.9, with an average family size of 3.01.

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

White 97.1%
Black / African American 0.2%
Asian 0.7%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2%
Other 0%

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

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

Under 10 10%
Aged 10-19 11.4%
20s 7%
30s 10.9%
40s 12.7%
50s 18.5%
60s 12.4%
70s 10.7%
80+ 6.5%

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


Pros And Cons Of Living In Orrington, Maine

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

  • 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 Orrington.


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

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Listing types in Orrington, ME

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