Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Portland, ME area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Portland, ME and much more. Save thousands at closing with home foreclosure listings in Portland, ME — up to 75% off market value!
Portland is located in Cumberland, Maine, with an estimated municipal population of 66,215 residents. All of the best foreclosed homes for sale in Portland are located in the following zip code areas on Foreclosure.com: 04101 04102 04103 04108 04019 04109 04104 04112 04116 04122 04123 04124. The estimated population per square kilometer (.62 miles) in Portland is 1,185.
So, about how much do homes cost in Portland? The most recent median value of resident-owned homes in Portland is 289,150. An estimated 45.1 percent of households in Portland own their homes, with an average family size of 2.9. The median household income in Portland is 60,467, with26.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Portland, the median commute time of resident workers (in minutes) is 19.3. And last, but certainly not least, are you looking for homes to rent in Portland? If so, the average rent price paid by renters in Portland is 1,124, according to recent statistics.
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 Portland, 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 Portland is 36.8, split between 48.6 percent male versus 51.4 female. The percentage of residents who report being married in Portland is 37.3, with an average family size of 2.9.
The percentage of residents who report their race in Portland is as follows:
|Black / African American||8.4%|
|American Indian / Alaskan Native||0.2%|
|Native Hawaiian / Other Pacifc Islander||0.1%|
Looking for family-friendly neighborhoods in and/or near Portland? Or maybe you are searching for 55+ active adult communities in and/or near Portland?
The percentage of residents who report their age in Portland is as follows:
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 Portland with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Portland.
How do you know that living in -- or moving to -- Portland is right where you need to be? Perhaps you grew up in Portland or already live nearby; therefore, the decision to buy a home in Portland is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Portland 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 Portland:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Portland.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Portland can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Portland, meanwhile, can field multiple offers from more qualified buyers.