Foreclosure Homes in Steep Falls, ME

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$346,844 EMV

3 Bed | 1 Bath | 1,642 Sq. Ft.

1 Woodland-rd-Steep-falls-ME-04085
$249,900 List Price

2 Bed | 1 Bath | 1,758 Sq. Ft.

$301,814 EMV

2 Bed | 2 Bath | 1,300 Sq. Ft.

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Home Value Estimator For Steep Falls, ME

There are currently 454 real estate properties in Steep Falls, ME, with a median automated valuation model (AVM) price of $280,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Steep Falls, 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 Steep Falls, ME, is $290,559.00, with the most expensive house in Steep Falls, ME, topping out at $730,200.00 and the cheapest home in Steep Falls, ME, clocking in at $133,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Steep Falls, ME!

Rent Prices In Steep Falls, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Steep Falls, ME, is on a rollercoaster ride. The average rent price in Steep Falls, ME, is $1,320.00. Indeed, when looking to rent in Steep Falls, ME, you can expect to pay as little as $1,020.00 or as much as $1,820.00, with the average rent median estimated to be $1,310.00. The good news is that finding an affordable and desirable property to rent in Steep Falls, 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 Steep Falls, ME

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

Top Reasons To Live In Steep Falls, ME In 2023

Steep Falls is located in Cumberland, Maine, with an estimated municipal population of 1,683 residents. All of the best foreclosed homes for sale in Steep Falls are located in the following zip code areas on 04085 04084. The estimated population per square kilometer (.62 miles) in Steep Falls is 64.

Cost Of Living In Steep Falls, ME

So, about how much do homes cost in Steep Falls? The most recent median value of resident-owned homes in Steep Falls is 227,856. An estimated 84.9 percent of households in Steep Falls own their homes, with an average family size of 3.61. The median household income in Steep Falls is 88,015, with44.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Steep Falls, the median commute time of resident workers (in minutes) is 37.3.

Diversity And Demographics In Steep Falls, 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 Steep Falls, 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 Steep Falls is 31.6, split between 41 percent male versus 59 female. The percentage of residents who report being married in Steep Falls is 46.5, with an average family size of 3.61.

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

White 99.9%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.1%
Other 0%

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

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

Under 10 12%
Aged 10-19 17.4%
20s 14.8%
30s 23.1%
40s 13.9%
50s 11.4%
60s 3.9%
70s 2.5%
80+ 1%

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

Pros And Cons Of Living In Steep Falls, Maine

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

  • 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 Steep Falls.

Reasons To Move To Steep Falls, Maine, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Steep Falls can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Steep Falls, meanwhile, can field multiple offers from more qualified buyers.

Steep Falls, ME Foreclosures


Listing types in Steep Falls, ME

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