Condo Foreclosures in Fishers Island, NY

Current Market Conditions in Fishers Island, NY

The real estate market on Fishers Island remains relatively stable, with a small number of homes available for sale at any given time. The demand for properties on the island has been steady, particularly among buyers looking for vacation homes or investment properties, contributing to a controlled appreciation in property values.

As of recent months, properties have typically spent less time on the market, suggesting a competitive environment fueled by limited inventory. Buyers are often drawn to the unique lifestyle and amenities offered by Fishers Island, which may lead to some bidding wars for attractive listings.

Rent Prices In Fishers Island, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fishers Island, NY, is on a rollercoaster ride. The average rent price in Fishers Island, NY, is $3,429.00. Indeed, when looking to rent in Fishers Island, NY, you can expect to pay as little as $2,290.00 or as much as $4,100.00, with the average rent median estimated to be $3,360.00. The good news is that finding an affordable and desirable property to rent in Fishers Island, NY -- 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.