Deer Isle, ME Foreclosures
How much do homes sell for in Deer Isle, ME?
The average home price is currently $469,056.
In Deer Isle, ME, how many homes are available?
There are currently 2 active home listings available in Deer Isle.
What’s the average rental cost in Deer Isle, ME?
The average rental price in Deer Isle is $883.
What is the most expensive home in Deer Isle?
The most expensive home sold in Deer Isle had a price of $4,291,981.
What is currently the cheapest priced home in Deer Isle, ME?
The cheapest home for sale in Deer Isle is priced at $30,940.
Living in Deer Isle, ME
Deer Isle, Maine, is a stunning coastal town known for its picturesque landscapes and artistic community. The town offers a harmonious blend of outdoor activities, local culture, and tranquil living. With its scenic beauty, Deer Isle is a prime destination for those seeking a peaceful retreat by the water.
Current Market Conditions in Deer Isle, ME
The real estate market in Deer Isle is currently experiencing a steady increase in interest, as more buyers look for vacation homes or permanent residences in picturesque locations. This trend is prompting property values to rise, and homes sell relatively quickly, particularly those with waterfront access or expansive views.
Over the past several months, the demand for homes in this coastal area has been bolstered by rising interest in remote working opportunities, allowing buyers to relocate to desirable locations like Deer Isle. The market is favored for its limited inventory, creating a competitive environment among potential buyers.
Home Value Estimator For Deer Isle, ME
There are currently 496 real estate properties
in Deer Isle, ME,
with a median automated valuation model (AVM) price
of $363,444.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Deer Isle, 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 Deer Isle, ME,
is $469,056.00, with the most expensive house
in Deer Isle, ME, topping out
at $4,291,981.00 and the cheapest home
in Deer Isle, ME,
clocking in at $30,940.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Deer Isle, ME!
Rent Prices
In Deer Isle, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Deer Isle, ME, is on
a rollercoaster ride. The
average rent price in Deer Isle, ME,
is $883.00. Indeed, when looking to rent in
Deer Isle, ME, you can expect to pay as little
as $760.00 or as much
as $1,350.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Deer Isle, 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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