Fogo Island

Fogo Island, Newfoundland and Labrador, Canada

Market snapshot

As of August 12, 2026, the median asking price in Fogo Island is $149,000, across 21 active MLS® listings.

Those listings have been on the market an average of 117 days.

3 new listings came to market in Fogo Island in the last 30 days.

Asking prices work out to about $132 per square foot, based on the 14 listings that report floor area.

Detached homes in Fogo Island are listed at an average of $174,945 across 11 active listings.

Vacant land in Fogo Island are listed at an average of $126,971 across 7 active listings.

About Fogo Island

Fogo Island (the Fogo Island neighbourhood within the Town of Fogo Island) is a small, remote outport community off Newfoundland’s northeast coast, known for dramatic coastal scenery, fishing heritage, and a growing tourism profile anchored by the internationally recognized Fogo Island Inn and related arts/culture programming. The permanent population skews older and is relatively small and dispersed across several settlements (e.g., Joe Batt’s Arm, Barr’d Islands, Tilting), with seasonal swings driven by tourism and part-time residents. Amenities are limited and locally oriented (small grocers, service stations, community halls, basic services), with a heavier reliance on Gander/Lewisporte and central Newfoundland for major retail and healthcare; recreation is largely outdoors (hiking, boating, whale/iceberg viewing) and community events.

Schools and public services are modest and typical of rural Newfoundland; families often contend with small catchments and longer drives, and many households prioritize proximity to community facilities and year-round road access. Transit is not urban-style: mobility is primarily by car, with access to the island via the ferry from Farewell and then local roads; travel time and weather-related disruptions are key practical considerations. The real estate market is thinly traded, with pricing and demand strongly influenced by limited inventory, the condition of older housing stock, and the premium placed on ocean views and turnkey properties. Investment performance is best for well-finished short-term rental or seasonal accommodation positioned for tourism, while long-term rental demand exists but is constrained by limited tenant pool and employment base; overall price growth can be lumpy year-to-year due to low sales volumes.

Market pulse

Fogo Island currently has 22 active listings with a median asking price of $149,450 and an average of $143 per square foot, pointing to a relatively affordable market with pricing that can vary by property type and condition. Homes are taking an average of 111 days to sell, suggesting buyers and investors have time to compare options and negotiate, while 3 new listings in the past 30 days indicate a modest but steady flow of fresh inventory.

Frequently asked questions about Fogo Island

What is the average home price in Fogo Island?

The median asking price in Fogo Island is $149,000, across 21 active MLS® listings as of August 12, 2026. The average asking price is $184,433. These are list prices on homes currently for sale, not sale prices.

How many homes are for sale in Fogo Island?

There are 21 active MLS® listings in Fogo Island as of August 12, 2026. 3 of them came to market in the last 30 days.

How long do homes stay on the market in Fogo Island?

Homes currently listed in Fogo Island have been on the market an average of 117 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.

What types of homes are for sale in Fogo Island?

Of the 21 homes currently listed in Fogo Island, 52% detached houses, 33% vacant land, 5% multi-family homes.

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How these figures are calculated