Vinalhaven, ME Foreclosures
How much do homes sell for in Vinalhaven, ME?
The average home price is currently $453,711.
In Vinalhaven, ME, how many homes are available?
There are currently 1 active home listings available in Vinalhaven.
What’s the average rental cost in Vinalhaven, ME?
The average rental price in Vinalhaven is $1,221.
What is the most expensive home in Vinalhaven?
The most expensive home sold in Vinalhaven had a price of $6,370,047.
What is currently the cheapest priced home in Vinalhaven, ME?
The cheapest home for sale in Vinalhaven is priced at $30,834.
Living in Vinalhaven, ME
Vinalhaven, Maine, is a picturesque island community offering stunning coastal views and a tranquil lifestyle. This charming town is perfect for outdoor enthusiasts and those seeking a peaceful retreat from city life. With its rich history, friendly atmosphere, and access to local amenities, Vinalhaven is an idyllic place to call home.
Current Market Conditions in Vinalhaven, ME
The real estate market in Vinalhaven has seen a notable increase in median home prices over the past year, driven by heightened interest from both local buyers and out-of-state individuals seeking second homes. Despite the rising prices, the limited inventory has kept demand high, making it a competitive market for buyers. Sellers are experiencing favorable conditions with homes often receiving multiple offers shortly after listing.
As of this month, the market remains active, with a consistent number of properties being listed. However, there is a noticeable trend of properties selling above asking price due to buyer competition. Experts predict that the appeal of island living will continue to draw buyers to Vinalhaven, particularly as remote work becomes more common.
Home Value Estimator For Vinalhaven, ME
There are currently 534 real estate properties
in Vinalhaven, ME,
with a median automated valuation model (AVM) price
of $326,876.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Vinalhaven, 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 Vinalhaven, ME,
is $453,711.00, with the most expensive house
in Vinalhaven, ME, topping out
at $6,370,047.00 and the cheapest home
in Vinalhaven, ME,
clocking in at $30,834.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Vinalhaven, ME!
Rent Prices
In Vinalhaven, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Vinalhaven, ME, is on
a rollercoaster ride. The
average rent price in Vinalhaven, ME,
is $1,221.00. Indeed, when looking to rent in
Vinalhaven, ME, you can expect to pay as little
as $1,120.00 or as much
as $1,350.00,
with the average rent median estimated to
be $1,190.00. The good news is that finding
an affordable and desirable property to rent in Vinalhaven, 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.
Learn more on Foreclosure homes
