Foreclosure Homes in Washington Island, WI

Current Market Conditions in Washington Island, WI

The real estate market on Washington Island has shown steady growth, with demand for vacation homes and primary residences rising over the past few years. Investors are attracted to the area due to its appeal as a getaway destination, coupled with a range of properties available from quaint cottages to larger homes.

Current trends indicate that waterfront properties are particularly sought after, driving prices higher. Investors can expect a mix of seasonal rentals and year-round residents, establishing a vibrant community that supports a growing market.

Rent Prices In Washington Island, WI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Washington Island, WI, is on a rollercoaster ride. The average rent price in Washington Island, WI, is $1,394.00. Indeed, when looking to rent in Washington Island, WI, you can expect to pay as little as $1,060.00 or as much as $2,160.00, with the average rent median estimated to be $1,320.00. The good news is that finding an affordable and desirable property to rent in Washington Island, WI -- 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.