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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 $1,487,733.
In Fenwick Island, DE, how many homes are available?
There are currently 421 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 $7,222,523.
What is currently the cheapest priced home in Fenwick Island, DE?
The cheapest home for sale in Fenwick Island is priced at $115,898.

Living in Fenwick Island, DE

Fenwick Island, DE is a quaint coastal community known for its stunning beaches and peaceful ambiance. With a variety of local shops and restaurants, as well as abundant outdoor activities, it provides an ideal setting for families and retirees. The area's strong sense of community and beautiful landscapes make it a desirable place to live.

Current Market Conditions in Fenwick Island, DE

The current real estate market in Fenwick Island shows a stable trend with steady demand for beach properties. Home prices have appreciated modestly over the past year as more buyers seek vacation homes in this serene environment. The inventory remains relatively low, keeping the market competitive for prospective buyers.

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 $1,240,168.00. 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 $1,487,733.00, with the most expensive house in Fenwick Island, DE, topping out at $7,222,523.00 and the cheapest home in Fenwick Island, DE, clocking in at $115,898.00. 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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