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There are currently 267 real estate properties in Parkman, ME, with a median automated valuation model (AVM) price of $214,929.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Parkman, 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 Parkman, ME, is $235,684.00, with the most expensive house in Parkman, ME, topping out at $779,115.00 and the cheapest home in Parkman, ME, clocking in at $35,810.00. In other words, there’s something for every potential homebuyer or savvy investor in Parkman, ME!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Parkman, ME, is on a rollercoaster ride. The average rent price in Parkman, ME, is $960.00. Indeed, when looking to rent in Parkman, ME, you can expect to pay as little as $730.00 or as much as $1,350.00, with the average rent median estimated to be $960.00. The good news is that finding an affordable and desirable property to rent in Parkman, 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.
Parkman is located in Piscataquis, Maine, with an estimated municipal population of 896 residents. All of the best foreclosed homes for sale in Parkman are located in the following zip code areas on Foreclosure.com: 04443. The estimated population per square kilometer (.62 miles) in Parkman is 7.
So, about how much do homes cost in Parkman? The most recent median value of resident-owned homes in Parkman is 105,688. An estimated 88.6 percent of households in Parkman own their homes, with an average family size of 2.98. The median household income in Parkman is 41,343, with9.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Parkman, the median commute time of resident workers (in minutes) is 30.7.
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 Parkman, 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 Parkman is 48.3, split between 51 percent male versus 49 female. The percentage of residents who report being married in Parkman is 53.9, with an average family size of 2.98.
The percentage of residents who report their race in Parkman is as follows:
| White | 97.4% |
| Black / African American | 0% |
| Asian | 0.2% |
| American Indian / Alaskan Native | 0.2% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 2.1% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Parkman? Or maybe you are searching for 55+ active adult communities in and/or near Parkman?
The percentage of residents who report their age in Parkman is as follows:
| Under 10 | 10.6% |
| Aged 10-19 | 8.7% |
| 20s | 7.7% |
| 30s | 14.7% |
| 40s | 11.8% |
| 50s | 17% |
| 60s | 19.5% |
| 70s | 5.6% |
| 80+ | 4.4% |
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 Parkman with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Parkman.
How do you know that living in -- or moving to -- Parkman is right where you need to be? Perhaps you grew up in Parkman or already live nearby; therefore, the decision to buy a home in Parkman is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Parkman 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 Parkman:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Parkman.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Parkman can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Parkman, meanwhile, can field multiple offers from more qualified buyers.
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