Cranberry Isles, ME Foreclosures
How much do homes sell for in Cranberry Isles, ME?
The average home price is currently $605,219.
In Cranberry Isles, ME, how many homes are available?
There are currently 32 active home listings available in Cranberry Isles.
What’s the average rental cost in Cranberry Isles, ME?
The average rental price in Cranberry Isles is $1,405.
What is the most expensive home in Cranberry Isles?
The most expensive home sold in Cranberry Isles had a price of $4,127,221.
What is currently the cheapest priced home in Cranberry Isles, ME?
The cheapest home for sale in Cranberry Isles is priced at $53,889.
Living in Cranberry Isles, ME
Cranberry Isles, located off the coast of Maine, is a beautiful and serene island community known for its breathtaking views and outdoor activities. The area offers a tight-knit atmosphere with a focus on nature, art, and local culture. Residents enjoy access to parks, schools, and a variety of recreational activities, making it an excellent place to live for those seeking tranquility.
Current Market Conditions in Cranberry Isles, ME
The real estate market in Cranberry Isles is stable, with steady interest in properties due to its unique charm and remote location. This area attracts buyers looking for second homes or retirement options, which helps maintain property values. Buyers can find a range of housing options, from modest cottages to more upscale homes with ocean views, catering to diverse budgets.
Lately, the demand for homes has increased slightly, corresponding with broader trends seen in coastal Maine regions. As more individuals and families seek to escape urban areas, Cranberry Isles is positioned as an attractive destination. Historical appreciation in property values, coupled with the limited availability of homes, contributes to a favorable market for sellers.
Home Value Estimator For Cranberry Isles, ME
There are currently 65 real estate properties
in Cranberry Isles, ME,
with a median automated valuation model (AVM) price
of $316,432.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cranberry Isles, ME, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Cranberry Isles, ME,
is $605,219.00, with the most expensive house
in Cranberry Isles, ME, topping out
at $4,127,221.00 and the cheapest home
in Cranberry Isles, ME,
clocking in at $53,889.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cranberry Isles, ME!
Rent Prices
In Cranberry Isles, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cranberry Isles, ME, is on
a rollercoaster ride. The
average rent price in Cranberry Isles, ME,
is $1,405.00. Indeed, when looking to rent in
Cranberry Isles, ME, you can expect to pay as little
as $1,250.00 or as much
as $1,880.00,
with the average rent median estimated to
be $1,250.00. The good news is that finding
an affordable and desirable property to rent in Cranberry Isles, ME
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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