Sapelo Island, GA Foreclosures
How much do homes sell for in Sapelo Island, GA?
The average home price is currently $279,962.
What’s the average rental cost in Sapelo Island, GA?
The average rental price in Sapelo Island is $946.
What is the most expensive home in Sapelo Island?
The most expensive home sold in Sapelo Island had a price of $554,473.
What is currently the cheapest priced home in Sapelo Island, GA?
The cheapest home for sale in Sapelo Island is priced at $95,590.
Living in Sapelo Island, GA
Sapelo Island, GA, is a hidden gem on Georgia's coastal barrier islands, offering an idyllic lifestyle amidst stunning natural scenery. Its peaceful atmosphere, coupled with rich cultural heritage and numerous outdoor activities, makes it an exceptional place to call home.
Current Market Conditions in Sapelo Island, GA
Currently, the real estate market in Sapelo Island is stable, with a slow but steady increase in property values. The unique location and limited accessibility ensure a scarcity of available homes, contributing to the interest among buyers looking for vacation homes or quiet retreats away from city life.
Investment in the island is gradually rising, particularly among those attracted to its beauty and lifestyle. The market is primarily driven by seasonal tourism, with many properties catering to short-term vacation rentals, enhancing potential financial returns on investments.
Home Value Estimator For Sapelo Island, GA
There are currently 13 real estate properties
in Sapelo Island, GA,
with a median automated valuation model (AVM) price
of $266,517.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sapelo Island, GA, 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 Sapelo Island, GA,
is $279,962.00, with the most expensive house
in Sapelo Island, GA, topping out
at $554,473.00 and the cheapest home
in Sapelo Island, GA,
clocking in at $95,590.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sapelo Island, GA!
Rent Prices
In Sapelo Island, GA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sapelo Island, GA, is on
a rollercoaster ride. The
average rent price in Sapelo Island, GA,
is $946.00. Indeed, when looking to rent in
Sapelo Island, GA, you can expect to pay as little
as $730.00 or as much
as $1,250.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Sapelo Island, GA
-- 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.
Learn more on Foreclosure homes
