Foreclosure Homes in Fox Island, WA

Current Market Conditions in Fox Island, WA

The Fox Island real estate market is currently showing a steady increase in property values, reflecting a growing interest in waterfront and suburban homes. Buyers are drawn to the area's scenic beauty and outdoor recreational options, leading to competitive bidding on desirable properties. The market remains more stable compared to urban regions, with a healthy turnover of homes available for sale and a mix of families, retirees, and second-home buyers.

In recent months, home sales in Fox Island have remained strong, with many properties being sold above asking price due to demand. The combination of limited inventory and increased demand from buyers seeking a peaceful escape from the city has resulted in a dynamic real estate environment. The market is currently favoring sellers, although opportunities still exist for buyers willing to act quickly.

Rent Prices In Fox Island, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fox Island, WA, is on a rollercoaster ride. The average rent price in Fox Island, WA, is $2,581.00. Indeed, when looking to rent in Fox Island, WA, you can expect to pay as little as $1,030.00 or as much as $4,990.00, with the average rent median estimated to be $2,520.00. The good news is that finding an affordable and desirable property to rent in Fox Island, WA -- 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.