Home prices
The median home in Mechanic Falls costs $107,600. It is roughly $40,620 (27%) lower compared to its surrounding areas.Compared to the country as a whole it is roughly $109,900 (50%) lower, and in comparison to the city of Portland is roughly $181,400 (62%) lower.
Rents
In Mechanic Falls the median rent is $933 a month. This is roughly $174 (22%) higher compared to its nearby areas.Compared to the nation as a whole it is roughly $129 (12%) lower, and in comparison to the city of Portland it is about $191 (16%) lower.
Nearby places
Auburn
Auburn is roughly 6 miles east of Mechanic Falls. The housing prices there are substantially more expensive. The price of the median home in Auburn is $165,200, which works out to $57,600 (34%) higher than Mechanic Falls. Rents there are a little less expensive. Auburn's median monthly rent is $789, which is $144 (18%) lower than Mechanic Falls.
South Paris
South Paris is roughly 8 miles northwest from Mechanic Falls. Housing prices there are somewhat more expensive. The median home in South Paris is valued at $135,200, which is $27,600 (20%) higher than Mechanic Falls. Rent there is a lot less expensive. South Paris's median rent is $553 per month, which is $380 (68%) lower than Mechanic Falls.
Casco
Casco is roughly 9 miles southwest of Mechanic Falls. The real estate prices there are substantially more expensive. The median home in Casco is valued at $203,000, which is $95,400 (46%) higher than Mechanic Falls. The rent there is somewhat more expensive. Casco's median monthly rent is $992, which comes out to $59 (5%) higher than Mechanic Falls.
Norway
Norway is approximately 9 miles northwest of Mechanic Falls. The real estate prices there are a little less expensive. The median home in Norway costs $97,100, which works out to $10,500 (10%) lower than Mechanic Falls. Its rents are a little less expensive. In Norway the median monthly rent is $715, which is $218 (30%) lower than Mechanic Falls.
Lewiston
Lewiston is approximately 9 miles east from Mechanic Falls. Its real estate prices are somewhat more expensive. Lewiston's median home price is $140,600, which works out to $33,000 (23%) higher than Mechanic Falls. Its rents are a little less expensive. The median rent in Lewiston is $748 a month, which comes out to $185 (24%) lower than Mechanic Falls.
