Single-family Foreclosures in St Simons Island, GA

Current Market Conditions in St Simons Island, GA

The real estate market in St Simons Island has shown steady growth, with home values appreciating significantly over the past few years. Demand for coastal properties has surged, especially as more buyers seek vacation homes or permanent residences by the beach. Local developments and the ongoing popularity of the area among both vacationers and retirees are driving these trends.

As of late 2023, the market remains competitive, with a limited inventory of homes available for sale. Buyers are showing increased interest in mid-range properties that offer proximity to the beach, while luxury homes are also attracting significant attention due to their high desirability.

Overall, St Simons Island continues to be a sought-after location for real estate investment, with many seeing it as a worthwhile opportunity for both living and vacationing.

Rent Prices In St Simons Island, GA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in St Simons Island, GA, is on a rollercoaster ride. The average rent price in St Simons Island, GA, is $2,103.00. Indeed, when looking to rent in St Simons Island, GA, you can expect to pay as little as $780.00 or as much as $3,560.00, with the average rent median estimated to be $2,040.00. The good news is that finding an affordable and desirable property to rent in St Simons 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.