Why Live in Steep Falls
Steep Falls, located within the town of Standish, Maine, is a small village known for its close-knit community and expansive natural surroundings. Residents enjoy outdoor activities in the Steep Falls Wildlife Management Area, which spans over 4,000 acres and offers opportunities for hiking, canoeing, and hunting. Adjacent to this area is the Steep Falls Village Preserve, featuring well-maintained trails suitable for walking and skiing. The village's heart is characterized by older homes, including Colonial and Dutch Revivals from the 19th century and Cape Cods from the early 20th century, with newer constructions from the 1980s to 2000s. Steep Falls has a low crime risk, safer than the national average. The Steep Falls Library serves as a community hub, offering a range of activities, including fundraisers, book clubs, and telehealth services. Local events such as the Summer Concert Series and the Steep Falls Farmers’ Market foster community spirit. Dining options within Steep Falls are limited to Dan’s sandwich shop, with more choices available in nearby Cornish, about 9 miles away. Essential amenities like grocery stores and larger retail outlets are accessible within a 20-mile radius. Students attend schools in the Bonny Eagle School District, with varying ratings. While the village is working on developing the Mountain Division Trail for biking, residents currently rely on cars for commuting, with Portland, Maine, approximately 25 miles away.
Frequently Asked Questions
What is the average home price in Steep Falls, ME?
Homes for sale in Steep Falls, ME have an average home price of $407,000.
How many homes have sold over the last 12 months in Steep Falls, ME?
1 home has sold in Steep Falls, ME over the last 12 months.
What are the most popular zip codes in Steep Falls, ME?
How much do you need to make to afford a house in Steep Falls?
The median home price in Steep Falls is $407,000. If you put a 20% down payment of $81,400 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,110 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $90K a year to afford the median home price in Steep Falls.
How are the schools in Steep Falls, ME?
Home Trends in Steep Falls, ME
On average, homes in Steep Falls, ME sell after 3 days on the market compared to the national average of 70 days. The median sale price for homes in Steep Falls, ME over the last 12 months is $498,500.
Median Sale Price
$498,500
Median Single Family Sale Price
$498,500
Average Price Per Sq Ft
$405
Number of Homes for Sale
1
Last 12 months Home Sales
1
Median List Price
$407,000
Median Change From 1st List Price
-2%
