Foreclosure Homes in Yarmouth, ME

Foreclosure Homes in Yarmouth, ME

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

Top Reasons To Live In Yarmouth, ME In 2023

Yarmouth is located in Cumberland, Maine, with an estimated municipal population of 8,529 residents. All of the best foreclosed homes for sale in Yarmouth are located in the following zip code areas on Foreclosure.com: 04096. The estimated population per square kilometer (.62 miles) in Yarmouth is 245.

Cost Of Living In Yarmouth, ME

So, about how much do homes cost in Yarmouth? The most recent median value of resident-owned homes in Yarmouth is 373,579. An estimated 72.7 percent of households in Yarmouth own their homes, with an average family size of 3.01. The median household income in Yarmouth is 89,984, with43.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Yarmouth, the median commute time of resident workers (in minutes) is 23.2. And last, but certainly not least, are you looking for homes to rent in Yarmouth? If so, the average rent price paid by renters in Yarmouth is 1,227, according to recent statistics.

Diversity And Demographics In Yarmouth, 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 Yarmouth, 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 Yarmouth is 48.3, split between 47.3 percent male versus 52.7 female. The percentage of residents who report being married in Yarmouth is 55.1, with an average family size of 3.01.

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

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

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

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

Pros And Cons Of Living In Yarmouth, Maine

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

• 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 Yarmouth.

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