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Short Sale Listings in Gibson Island, MD

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Living in Gibson Island, MD

Gibson Island, MD, is a serene and affluent residential area known for its luxurious homes and natural beauty. The community features numerous amenities, outdoor activities, and excellent educational institutions. With its picturesque waterfront views and strong sense of community, Gibson Island offers a unique lifestyle for its residents.

Current Market Conditions in Gibson Island, MD

The real estate market in Gibson Island is characterized by high demand for exclusive waterfront properties. Home prices have been increasing steadily due to the limited availability of homes in this sought-after area, attracting affluent buyers looking for summer residences or retirement homes.

Recent trends indicate that more buyers are prioritizing recreational properties, leading to a rise in sales of homes that offer access to water activities and beautiful views. Investors are finding Gibson Island to be a lucrative market due to its stability and appeal.

Home Value Estimator For Gibson Island, MD

There are currently 200 real estate properties in Gibson Island, MD, with a median automated valuation model (AVM) price of $2,999,916.00. 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 $3,054,939.00, with the most expensive house in Gibson Island, MD, topping out at $10,750,000.00 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!

Rent Prices 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.

Gibson Island, MD Short Sale Listings

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