Mechanic Falls Real Estate Market
The median sale price for homes in Mechanic Falls over the last 12 months is $126,000.
The median mortgage debt is $76,135.
The price per square foot for listings in this area is $95.
The median sale price in February for single family homes is $97,500. The sale prices dropped by -15.21% from the previous month.
The number of active listings in Mechanic Falls increased by 11.1% from the previous month.
The median number of days active properties have been listed is 123.
The number of sales in February dropped by 75% from the previous month.
This chart shows home occupancy within an area.
A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.
High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.
