Photo / Zillow.com
Updated: July 27, 2020
What $237,900 buys you in Maine: How much you get depends on where you are
By Maureen Milliken
Home sales in Maine, along with the prices, have steadily risen over the past decade. In 2019, a record 18,140 single family homes were sold in the state. Through May, the median sales price for a single-family home was $237,900. The state is famous for its aging housing stock — the average age of a Maine house is 42 — and yet inventory is tight. So, what can $237,900 get you in Maine?
Augusta
Augusta, the state’s capital, is undergoing a downtown resurgence. This four-bedroom, two-bath, 2,064-square-foot colonial, built in 1938, is on half an acre. It’s in-town in a quiet residential neighborhood overlooking the city’s residential historic district, a block from Western Avenue stores and about a mile from downtown. It’s listed for $239,000.
Brewer
Photo / Zillow.com
Those looking to live in northern Maine’s urban center, across the Penobscot River from Bangor and close to the University of Maine’s flagship campus in Orono, might like this 1995 split-level in Brewer. It has four bedrooms and two bathrooms in 1,887 square feet on a 0.38-acre lot, and has a two-car garage, which comes in handy in the winter. It’s listed for $239,900.
Caribou
Photo / Zillow.com
Those looking to enjoy the great outdoors will find what they’re looking for in Aroostook County, Maine’s northernmost, and largest, county. This $235,000 saltbox in Caribou has three bedrooms and two bathrooms in 2,012 square feet. Built in 1981, it has a large sunroom that will make the cold northern winters more bearable, and is on 0.82 acres.
East Machias
Photo / Zillow.com
Head Downeast for a four-bedroom, three-bath sprawling house with space for a home business. Across U.S. Route 1 from the East Machias River, the 2,243-square-foot custom home was built in 2005 on a 1.1-acre elevated lot to accommodate river views. It has a two-car attached garage, as well as a detached one-car garage, and is listed for $239,000.
Kennebunk
Google Maps
Photo / Zillow.com
While $237,800 may not get you a house in York County’s pricey coastal towns, if you’re looking to spend between $230,000 and $240,000, you can buy three acres on a private road off Route 9 in Kennebunk, within a brisk walk from Kennebunkport’s village, for $239,900.
Lewiston
Photo / Zillow.com
In Lewiston, $239,000 buys a four-bedroom, three-bath 2,182-square foot contemporary built in 2005, on a 0.67-acre lot. The city, home to Bates College, is the second most populous in the state, after Portland, which is a 45-minute drive away. But no need to head down the Maine Turnpike — Lewiston’s happening downtown is also a cultural gem, with a focus on its Franco-American and mill heritage.
Nobleboro
Photo / Zillow.com
In the midcoast town of Nobleboro, a three-bedroom, two-bath ranch style home on a 2.75-acre lot, built in 2017, goes for $237,900. The town is on U.S. Route 1 as well as the Damariscotta River, and is close to scenic Muscongus Bay.
Rumford
Photo / Zillow.com
Looking for mountain views and small-town charm? This three-bedroom, 2.5-bath, 1,775-square-foot home is on four pastoral acres outside of town. Built in 1976, it’s close to Bethel and Sunday River ski area and is listed for $239,000.
Westbrook
Photo / Zillow.com
Housing prices are high and inventory low in Portland and its suburbs, but $239,000 will get you a two-bedroom, two-bath 1,092-square-foot condo in nearby Westbrook.
Sales prices are from Zillow.com. This is representative and prices are subject to change.
Most Recent
Most Recent
Anonymous
August 4, 2020
Out of curiosity why was the 237,900 number picked? EDITOR'S NOTE: That amount was the median sales price for a single-family home in Maine, through the month of May.
1 Comments