Abbotts Mill / Rumford Corner median real estate price is $123,386, which is less expensive than 72.0% of Maine neighborhoods and 72.4% of all U.S. neighborhoods.
The average rental price in Abbotts Mill / Rumford Corner is currently $716, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 83.7% of Maine neighborhoods.
Abbotts Mill / Rumford Corner is a rural neighborhood (based on population density) located in Rumford, Maine.
Abbotts Mill / Rumford Corner real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Abbotts Mill / Rumford Corner neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Abbotts Mill / Rumford Corner. The current real estate vacancy rate here is 30.3%. This is higher than the rate of vacancies in 94.3% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.