There are currently 5,599 real estate properties in SANFORD, ME, with a median automated valuation model (AVM) price of $240,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in SANFORD, 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 SANFORD, ME, is $251,023.00, with the most expensive house in SANFORD, ME, topping out at $1,078,400.00 and the cheapest home in SANFORD, ME, clocking in at $53,800.00. In other words, there’s something for every potential homebuyer or savvy investor in SANFORD, ME!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in SANFORD, ME, is on a rollercoaster ride. The average rent price in SANFORD, ME, is $1,231.00. Indeed, when looking to rent in SANFORD, ME, you can expect to pay as little as $740.00 or as much as $2,120.00, 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 SANFORD, 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.