Cranberry Isles, ME Foreclosures
How much do homes sell for in Cranberry Isles, ME?
The average home price is currently $604,399.
In Cranberry Isles, ME, how many homes are available?
There are currently 31 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, ME offers a unique island lifestyle characterized by stunning coastal landscapes and a close-knit community. Ideal for outdoor enthusiasts, this archipelago features opportunities for hiking, kayaking, and sailing amidst breathtaking natural beauty. Residents enjoy a charming local culture with shops, galleries, and seasonal events, making it a delightful place to live or visit.
Current Market Conditions in Cranberry Isles, ME
Cranberry Isles' real estate market is currently characterized by a steady demand for primary and vacation homes. The charm of island living, combined with the increasing popularity of remote work, has contributed to a consistent interest in properties, particularly those with ocean views or waterfront access. Inventory is limited, and properties often sell swiftly, reflecting the appeal of the area amongst both second-home buyers and locals looking to invest in their dream homes.
As more people seek refuge in scenic retreats, Cranberry Isles has seen a growth in property values, although the exclusive nature of island living keeps it a niche market. Buyers are increasingly drawn to the unique lifestyle and environmental beauty the area offers, influencing market trends towards higher price points for desirable listings.
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 $318,841.00. 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 $604,399.00, 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.
Learn more on Foreclosure homes
