October's First-Time Homebuyer Report for Machias

Machias is an average-sized city in Washington that has seen a 42.4% increase in population over the last 10 years. It also has a total population of 1,178. With a median age of 20 years, homes in Machias tend to be of moderate age. Topping the list of best schools in the city is Martha Lake Elementary School.

Price Range

Some of the more expensive homes in Washington are in Machias with a median home value of $280,600 and an average list price for available homes currently at $385,649. The Machias reported another in a series of 30-day periods with zero home sales. Machias usually averages 2.4 sales per month.

Make sure you take a look at these eye-catching homes in Machias that generated the most views from potential buyers:

$199K   $550K   $465K  

Typical Dwelling

A three-bedroom detached home valued around $380,200 is considered a typical dwelling in Machias. If a buyer was looking for a similar home, they would need good credit and a $76,040 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $36 and the property tax rate is $10.94 per $1,000 of taxable assessed value.

Get started right now by checking out Machias homes for sale or reviewing Machias real estate trends.


Data reported through 10/13/2016

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