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Mechanic Falls, ME 04256 Real Estate & Property Data

Mechanic Falls, ME 04256 Real Estate Market Trends

Last Updated: April 29, 2024

A total of 45 residential properties have been sold over the past 12 months in 04256. With a median sales price of $360,000 in 04256 and a total of 1 foreclosures in Mechanic Falls, ME 04256. Discover market trends and get the granular level real estate data for Mechanic Falls, ME 04256 to keep your pulse on the housing market. Curate compelling home reports for Mechanic Falls, ME 04256 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Mechanic Falls, ME 04256 Real Estate Market Trends

Get property data for any address in Mechanic Falls, ME 04256 or the country:

Total Residential Properties 1,053

Total Commercial Properties 30

Avg. Home Age (Single Family Home) 37 Years

Avg. Square Feet (Single Family Home) 994

Total 2024 Residential Sales (year-to-date) 5

% of Homes Seriously Underwater (Q2 2024) 0.38%

Total 2023 Residential Sales 43

% of Equity Rich Homes (Q2 2024) 46.95%

Effective 2023 Property Tax 1.1%

Total Foreclosure Filings (year-to-date) 1

Mechanic Falls, ME 04256 Real Estate Overview

There were 45 residential properties sold in the past year in Mechanic Falls, ME 04256. The median home value in Mechanic Falls, ME 04256 is $275,075. There are a total of 1,053 residential properties in the 04256.

Median Sales Price i

$360,000

(Feb 2024)

February '24 Feb '24 $360,000
January '24 Jan '24 $350,000
December '23 Dec '23 $359,000
November '23 Nov '23 $340,000
October '23 Oct '23 $312,000
September '23 Sep '23 $371,250
August '23 Aug '23 $225,000
July '23 Jul '23 $161,000
June '23 Jun '23 $256,900
May '23 May '23 $288,319
April '23 Apr '23 N/A
March '23 Mar '23 $225,000

Median Down Payment i

$96,000

(Feb 2024)

February '24 Feb '24 $96,000
January '24 Jan '24 $170,000
December '23 Dec '23 $42,663
November '23 Nov '23 $40,000
October '23 Oct '23 $62,400
September '23 Sep '23 $64,125
August '23 Aug '23 $5,163
July '23 Jul '23 $32,200
June '23 Jun '23 $6,402
May '23 May '23 $94,953
April '23 Apr '23 N/A
March '23 Mar '23 $45,000

Number of Homes Sold i

2

(Feb 2024)

+100%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 3
December '23 Dec '23 3
November '23 Nov '23 5
October '23 Oct '23 4
September '23 Sep '23 4
August '23 Aug '23 9
July '23 Jul '23 2
June '23 Jun '23 4
May '23 May '23 5
April '23 Apr '23 2
March '23 Mar '23 1

Number of Purchase Loans i

2

(Feb 2024)

February '24 Feb '24 2
January '24 Jan '24 1
December '23 Dec '23 3
November '23 Nov '23 4
October '23 Oct '23 3
September '23 Sep '23 2
August '23 Aug '23 5
July '23 Jul '23 1
June '23 Jun '23 4
May '23 May '23 2
April '23 Apr '23 N/A
March '23 Mar '23 1

Number of REFI Loans i

4

(Feb 2024)

+33.3%

year-over-year

y-o-y

February '24 Feb '24 4
January '24 Jan '24 1
December '23 Dec '23 2
November '23 Nov '23 3
October '23 Oct '23 2
September '23 Sep '23 3
August '23 Aug '23 3
July '23 Jul '23 2
June '23 Jun '23 2
May '23 May '23 1
April '23 Apr '23 2
March '23 Mar '23 1

Number of HELOC Loans i

1

(Feb 2024)

February '24 Feb '24 1
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 1
October '23 Oct '23 1
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 1

Mechanic Falls, ME 04256 Real Estate Market Overview

Last 30 days

Street
Street
Street

Mechanic Falls, ME 04256 Foreclosure Activity

There were a total of 1 Mechanic Falls, ME 04256 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

1

(Feb 2024)

February '24 Feb '24 1
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 1
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 1
April '23 Apr '23 2
March '23 Mar '23 1

Foreclosure Starts i

1

(Feb 2024)

February '24 Feb '24 1
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 1
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 1
April '23 Apr '23 N/A
March '23 Mar '23 1

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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