There are currently 3,509 real estate properties in Skowhegan, ME, with a median automated valuation model (AVM) price of $189,612.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Skowhegan, 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 Skowhegan, ME, is $212,348.00, with the most expensive house in Skowhegan, ME, topping out at $1,652,436.00 and the cheapest home in Skowhegan, ME, clocking in at $16,702.00. In other words, there’s something for every potential homebuyer or savvy investor in Skowhegan, ME!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Skowhegan, ME, is on a rollercoaster ride. The average rent price in Skowhegan, ME, is $942.00. Indeed, when looking to rent in Skowhegan, ME, you can expect to pay as little as $640.00 or as much as $1,510.00, with the average rent median estimated to be $860.00. The good news is that finding an affordable and desirable property to rent in Skowhegan, 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.
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