4 Bed | 4 Bath | 2,436 Sq. Ft.
3 Bed | 1 Bath | 1,000 Sq. Ft.
There are currently 3,088 real estate properties in Yarmouth, ME, with a median automated valuation model (AVM) price of $672,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Yarmouth, 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 Yarmouth, ME, is $802,303.00, with the most expensive house in Yarmouth, ME, topping out at $8,000,000.00 and the cheapest home in Yarmouth, ME, clocking in at $155,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Yarmouth, ME!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Yarmouth, ME, is on a rollercoaster ride. The average rent price in Yarmouth, ME, is $2,138.00. Indeed, when looking to rent in Yarmouth, ME, you can expect to pay as little as $1,290.00 or as much as $3,180.00, with the average rent median estimated to be $2,130.00. The good news is that finding an affordable and desirable property to rent in Yarmouth, 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.
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!
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.
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.
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:
| White | 94% |
| Black / African American | 0.7% |
| Asian | 3.5% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0.5% |
| Other | 1.3% |
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:
| Under 10 | 10.1% |
| Aged 10-19 | 14.4% |
| 20s | 6.6% |
| 30s | 6.1% |
| 40s | 15.4% |
| 50s | 17.9% |
| 60s | 13.5% |
| 70s | 8.6% |
| 80+ | 7.3% |
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.
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:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Yarmouth.
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.
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