You can run, but you can't hide

of course, you’ll save on international travel costs here, so there’s that

Even Maine’s cheapest town has seen prices soar

Mexico was among the cheapest places to live in Maine before the pandemic, with typical homes valued at $60,000. This year, four homes there sold for more than $300,000.

While the desirable spots in southern Maine like Cape Elizabeth and Portland have seen the hottest markets during the COVID-19 pandemic, rural communities like Mexico, which is just across the Androscoggin River from the mill town of Rumford, are also seeing homes sell like they never have before. 

The typical home in Mexico was worth $59,600, the lowest for any community in Maine with 1,000 people or more, as of the most recently available American Community Survey numbers from 2020. Most of the only communities that were below were plantations and townships of fewer than 100 people.

That valuation has risen since the pandemic began, as has the median sales price of a home on the market. It was $60,000 in 2018, $65,000 in 2019, $77,000 in 2020 and $93,900 in 2021, according to Redfin records of sold homes. 

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The median sales price for two-bedroom homes in Mexico from 2018 to 2020 was $75,000. Overall, the median sales price so far in 2022 was $159,900, though that number is still far below prices in most of Maine. 

This probably says it all:

Back in January, a four-bedroom with around 100 acres became the most expensive home sold in Mexico in the past five years, according to Redfin data. It went for $599,000 after 77 days on the market. It was bought by two people who listed their address as a home in Los Angeles.