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Short Sale Listings in Fenwick Island, DE

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Fenwick Island, DE Foreclosures

How much do homes sell for in Fenwick Island, DE?
The average home price is currently $1,569,873.
In Fenwick Island, DE, how many homes are available?
There are currently 435 active home listings available in Fenwick Island.
What’s the average rental cost in Fenwick Island, DE?
The average rental price in Fenwick Island is $1,814.
What is the most expensive home in Fenwick Island?
The most expensive home sold in Fenwick Island had a price of $7,077,924.
What is currently the cheapest priced home in Fenwick Island, DE?
The cheapest home for sale in Fenwick Island is priced at $123,931.

Living in Fenwick Island, DE

Fenwick Island, DE, is a picturesque beach town offering a relaxed coastal lifestyle. Known for its tranquil atmosphere and beautiful beaches, it provides numerous outdoor activities and family-friendly amenities. With nearby restaurants and shops, residents enjoy a perfect mix of leisure and accessibility.

Current Market Conditions in Fenwick Island, DE

The real estate market in Fenwick Island has seen steady demand, particularly for vacation and second homes. The appeal of coastal living combined with a limited inventory has led to an overall appreciation in property values. Recent trends indicate a healthy mix of affluent buyers looking for upscale beachfront properties and families targeting more modest homes, creating a diverse real estate landscape.

There is continued interest in new developments that incorporate modern amenities while maintaining the area’s quaint charm. Buyers are also focusing on eco-friendly homes that align with sustainable beach living.

Home Value Estimator For Fenwick Island, DE

There are currently 1,246 real estate properties in Fenwick Island, DE, with a median automated valuation model (AVM) price of $1,376,455.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fenwick Island, DE, 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 Fenwick Island, DE, is $1,569,873.00, with the most expensive house in Fenwick Island, DE, topping out at $7,077,924.00 and the cheapest home in Fenwick Island, DE, clocking in at $123,931.00. In other words, there’s something for every potential homebuyer or savvy investor in Fenwick Island, DE!

Rent Prices In Fenwick Island, DE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fenwick Island, DE, is on a rollercoaster ride. The average rent price in Fenwick Island, DE, is $1,814.00. Indeed, when looking to rent in Fenwick Island, DE, you can expect to pay as little as $1,210.00 or as much as $2,590.00, with the average rent median estimated to be $1,830.00. The good news is that finding an affordable and desirable property to rent in Fenwick Island, DE -- 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.

Fenwick Island, DE Short Sale Listings

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