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Short Sale Listings in Islesboro, ME

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Living in Islesboro, ME

Islesboro, Maine is a serene island community offering a unique coastal lifestyle. With beautiful beaches and a blend of outdoor activities, it's perfect for those seeking tranquility. The strong sense of community, enhanced by local events and quality education, makes this location a wonderful place to call home.

Current Market Conditions in Islesboro, ME

The real estate market in Islesboro is stable, with a growing interest from buyers looking for vacation homes and year-round residences. Prices have shown a slight increase due to the island's increasing popularity as a desirable location for luxury and coastal living.

While the market remains competitive, the inventory of available homes can vary significantly, leading to opportunities for both buyers and investors. Current trends indicate a demand for larger, family-oriented homes and seasonal properties.

Home Value Estimator For Islesboro, ME

There are currently 591 real estate properties in Islesboro, ME, with a median automated valuation model (AVM) price of $465,595.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Islesboro, 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 Islesboro, ME, is $769,931.00, with the most expensive house in Islesboro, ME, topping out at $8,500,000.00 and the cheapest home in Islesboro, ME, clocking in at $64,674.00. In other words, there’s something for every potential homebuyer or savvy investor in Islesboro, ME!

Rent Prices In Islesboro, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Islesboro, ME, is on a rollercoaster ride. The average rent price in Islesboro, ME, is $1,199.00. Indeed, when looking to rent in Islesboro, ME, you can expect to pay as little as $860.00 or as much as $1,350.00, with the average rent median estimated to be $1,240.00. The good news is that finding an affordable and desirable property to rent in Islesboro, 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.

Islesboro, ME Short Sale Listings


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