Mechanic Falls, ME Home Values & Market Trends
Real estate market trends reflect that there have been 45 transactions over the past year in Mechanic Falls. The median value for residential home transactions that occurred over the previous year is $273,086.94. The number of current listings in Mechanic Falls is 1, and the percentage of properties for sale in the city is 1.00%. Mechanic Falls, ME currently has 1 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 1 properties for sale.
Mechanic Falls, ME Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 04256 | $ -- $ -- |
Housing Market Summary for Mechanic Falls, ME
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $0 | $317K | - |
| Median Sold Price | $131.3K | $317K | 141.46% |
| Homes For Sale | 0 | 2 | - |
| Homes Sold | 11 | 17 | 54.55% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Mechanic Falls, ME
Browse Homes in Mechanic Falls, ME
Mechanic Falls home values range from $29,413 to $988,164. The median estimated value of a home in Mechanic Falls is $273,086.94. The median list price of a home is 419,000, and the total count of properties in the city is 1,016.
- Pre-ForeclosurePre-foreclosure homes account for 0.10% of all residential properties in Mechanic Falls, ME with 04256 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Mechanic Falls, ME; of that zips, the estimated home value for pre-foreclosure homes ranges from $272,591 in 04256 to the lowest home value of $272,591 in 04256.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Mechanic Falls, ME ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Mechanic Falls, ME. There is 1 zips within Mechanic Falls, ME; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Mechanic Falls, ME. Auction homes and other auction properties account for 0% of all properties in Mechanic Falls, ME. There is 1 zips within Mechanic Falls, ME; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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More Real Estate Resources for Mechanic Falls, ME
Guide for Mechanic Falls, ME
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