Ephraim, WI Foreclosures
How much do homes sell for in Ephraim, WI?
The average home price is currently $604,733.
In Ephraim, WI, how many homes are available?
There are currently 26 active home listings available in Ephraim.
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 $26,787.
Living in Ephraim, WI
Ephraim, Wisconsin, is a scenic village that offers a perfect blend of small-town charm, natural beauty, and outdoor activities. With beautiful waterfront views and a vibrant artistic community, it attracts both residents and visitors year-round. Ephraim features abundant recreational opportunities, with boating and fishing in the summer and snowmobiling in the winter, making it an exceptional place to live and explore.
Current Market Conditions in Ephraim, WI
Ephraim's real estate market remains competitive, with a steady demand for homes due to its desirable location along the Door County coastline. Recently, there has been an uptick in buyers looking for vacation homes or permanent residences, pushing prices slightly upwards. Many homes maintain their value well, often selling quickly, especially those with views of the water or within walking distance of amenities.
The market has also seen several new constructions and renovations, indicating a healthy investment trend as more people recognize the area's potential for growth and development over the coming years.
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 $480,979.00. 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 $604,733.00, 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 $26,787.00. 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.
Learn more on Foreclosure homes
