Ephraim, WI Foreclosures
How much do homes sell for in Ephraim, WI?
The average home price is currently $601,800.
What’s the average rental cost in Ephraim, WI?
The average rental price in Ephraim is $1,565.
What is the most expensive home in Ephraim?
The most expensive home sold in Ephraim had a price of $3,546,064.
What is currently the cheapest priced home in Ephraim, WI?
The cheapest home for sale in Ephraim is priced at $27,045.
Living in Ephraim, WI
Ephraim is a charming small town located on the Door County Peninsula, known for its stunning waterfront views and serene natural environment. With a population of just over 300 residents, it offers a peaceful lifestyle while still being close to vibrant tourist attractions. The town boasts an array of outdoor activities, local shops, and eateries that highlight the unique culture of Northern Wisconsin.
Current Market Conditions in Ephraim, WI
The real estate market in Ephraim, WI, has shown a steady growth trend over the past few years. With its unique location and appeal, the demand for homes continues to rise, especially during the summer months when tourists flock to the area. Currently, the market is favorable for sellers, with many homes receiving multiple offers, reflecting the desirability of this lakeside community.
As more people seek a quieter lifestyle, Ephraim is experiencing an influx of buyers looking for second homes or retirement properties. The combination of a robust local tourism sector and scenic beauty makes the area a hot spot for real estate investments.
Home Value Estimator For Ephraim, WI
There are currently 536 real estate properties
in Ephraim, WI,
with a median automated valuation model (AVM) price
of $475,696.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ephraim, WI, 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 Ephraim, WI,
is $601,800.00, with the most expensive house
in Ephraim, WI, topping out
at $3,546,064.00 and the cheapest home
in Ephraim, WI,
clocking in at $27,045.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ephraim, WI!
Rent Prices
In Ephraim, WI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ephraim, WI, is on
a rollercoaster ride. The
average rent price in Ephraim, WI,
is $1,565.00. Indeed, when looking to rent in
Ephraim, WI, you can expect to pay as little
as $820.00 or as much
as $2,200.00,
with the average rent median estimated to
be $1,600.00. The good news is that finding
an affordable and desirable property to rent in Ephraim, WI
-- 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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