Grand Isle, ME Foreclosures
How much do homes sell for in Grand Isle, ME?
The average home price is currently $111,214.
In Grand Isle, ME, how many homes are available?
There are currently 1 active home listings available in Grand Isle.
What’s the average rental cost in Grand Isle, ME?
The average rental price in Grand Isle is $824.
What is the most expensive home in Grand Isle?
The most expensive home sold in Grand Isle had a price of $425,078.
What is currently the cheapest priced home in Grand Isle, ME?
The cheapest home for sale in Grand Isle is priced at $15,392.
Living in Grand Isle, ME
Grand Isle, ME, is a tranquil rural town known for its stunning lakeside views and outdoor recreational opportunities. With a welcoming community and rich history, it offers a peaceful environment perfect for families and nature lovers. Residents can enjoy activities like fishing, boating, and hiking, making it an ideal location for those seeking a relaxed lifestyle in beautiful surroundings.
Current Market Conditions in Grand Isle, ME
The current real estate market in Grand Isle is stable, with home prices averaging around $150,000. The demand for properties has mostly remained consistent, driven by local families and seasonal residents looking for summer homes. While inventory can fluctuate, overall market activity suggests a steady interest in buying opportunities, particularly for modest-sized homes and land.
In recent years, the appeal of Grand Isle has been on the rise due to the increase of remote working options, allowing more individuals to consider rural living. Investors looking for rental properties are also finding favorable conditions as tourism and seasonal activities draw interest to the area.
Home Value Estimator For Grand Isle, ME
There are currently 227 real estate properties
in Grand Isle, ME,
with a median automated valuation model (AVM) price
of $86,948.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Grand Isle, ME, 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 Grand Isle, ME,
is $111,214.00, with the most expensive house
in Grand Isle, ME, topping out
at $425,078.00 and the cheapest home
in Grand Isle, ME,
clocking in at $15,392.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Grand Isle, ME!
Rent Prices
In Grand Isle, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Grand Isle, ME, is on
a rollercoaster ride. The
average rent price in Grand Isle, ME,
is $824.00. Indeed, when looking to rent in
Grand Isle, ME, you can expect to pay as little
as $670.00 or as much
as $1,350.00,
with the average rent median estimated to
be $700.00. The good news is that finding
an affordable and desirable property to rent in Grand Isle, ME
-- 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.
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