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Foreclosure Homes in Searsport, ME

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32 Mount-ephraim-rd-Searsport-ME-04974
Fixer Upper
$139,000 List Price

Mount Ephraim Rd
Searsport, ME 04974

4 Bed | 2 Bath

Displaying 1 - 1 of 1
 

Home Value Estimator For Searsport, ME

There are currently 27 real estate properties in Searsport, ME, with a median automated valuation model (AVM) price of $264,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Searsport, 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 Searsport, ME, is $377,385.00, with the most expensive house in Searsport, ME, topping out at $861,800.00 and the cheapest home in Searsport, ME, clocking in at $73,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Searsport, ME!


Rent Prices In Searsport, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Searsport, ME, is on a rollercoaster ride. The average rent price in Searsport, ME, is $1,203.00. Indeed, when looking to rent in Searsport, ME, you can expect to pay as little as $720.00 or as much as $1,430.00, with the average rent median estimated to be $1,190.00. The good news is that finding an affordable and desirable property to rent in Searsport, 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 Searsport, ME

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


Top Reasons To Live In Searsport, ME In 2021

Searsport is located in Waldo, Maine, with an estimated municipal population of 2,645 residents. All of the best foreclosed homes for sale in Searsport are located in the following zip code areas on Foreclosure.com: 04974. The estimated population per square kilometer (.62 miles) in Searsport is 35.


Cost Of Living In Searsport, ME

So, about how much do homes cost in Searsport? The most recent median value of resident-owned homes in Searsport is 121,149. An estimated 70.2 percent of households in Searsport own their homes, with an average family size of 2.66. The median household income in Searsport is 36,905, with12.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Searsport, the median commute time of resident workers (in minutes) is 33.2. And last, but certainly not least, are you looking for homes to rent in Searsport? If so, the average rent price paid by renters in Searsport is 532, according to recent statistics.


Diversity And Demographics In Searsport, 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 Searsport, 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 Searsport is 49.8, split between 47.9 percent male versus 52.1 female. The percentage of residents who report being married in Searsport is 48.9, with an average family size of 2.66.

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

White 96.7%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.3%
Other 0%

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

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

Under 10 4.9%
Aged 10-19 14.8%
20s 6.6%
30s 10.3%
40s 14.1%
50s 16.1%
60s 14.3%
70s 9.8%
80+ 9.2%

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


Pros And Cons Of Living In Searsport, Maine

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

  • 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 Searsport.


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

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Listing types in Searsport, ME

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