Buying city property has tremendous potential because you have the opportunity to turn a neglected eyesore into a real estate gem … at a fraction of the cost. Click on a listing below to begin search for city-owned properties for sale in your area. Don't overpay for your next home in Gibson Island, MD. There are 1,134 discounted homes for sale in Gibson Island, MD we think you'll love.
Gibson Island, MD, is an exclusive island community located in the serene Chesapeake Bay, known for its beautiful waterfront homes and rich recreational offerings. Residents enjoy a peaceful lifestyle surrounded by nature, with abundant opportunities for outdoor activities and community events. With good schools and essential amenities close by, Gibson Island is ideal for families seeking a tranquil living environment.
There are currently 200 real estate properties in Gibson Island, MD, with a median automated valuation model (AVM) price of $2,902,515.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gibson Island, MD, 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 Gibson Island, MD, is $3,022,469.00, with the most expensive house in Gibson Island, MD, topping out at $8,118,864.00 and the cheapest home in Gibson Island, MD, clocking in at $166,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Gibson Island, MD!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gibson Island, MD, is on a rollercoaster ride. The average rent price in Gibson Island, MD, is $3,608.00. Indeed, when looking to rent in Gibson Island, MD, you can expect to pay as little as $1,600.00 or as much as $5,290.00, with the average rent median estimated to be $3,680.00. The good news is that finding an affordable and desirable property to rent in Gibson Island, MD -- 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.
Millions of people receive foreclosure alerts daily, don't miss out.
Learn more on Foreclosure homes
