Deer Island, FL Foreclosures
Current Market Conditions in in Deer Island, FL As of February 2026?
In September 2023, Deer Island saw a slight uptick in the number of properties listed for sale, indicating a healthy response to the ongoing demand. Buyers were particularly interested in homes near the water, which continued to see competitive bidding situations. The market remains strong, with average days on the market slightly decreasing, showing a fast-paced selling environment. Agents report that motivated buyers are actively looking for both primary residences and vacation homes in this sought-after location.
How much do homes sell for in Deer Island, FL?
The average home price is currently $799,108.
What’s the average rental cost in Deer Island, FL?
The average rental price in Deer Island is $1,709.
What is the most expensive home in Deer Island?
The most expensive home sold in Deer Island had a price of $2,912,181.
What is currently the cheapest priced home in Deer Island, FL?
The cheapest home for sale in Deer Island is priced at $80,567.
Living in Deer Island, FL
Deer Island is a tranquil, residential community located just north of the bustling city of Mount Dora. Known for its scenic beauty and serene ambiance, this area offers a peaceful escape with stunning waterfront views and outdoor activities. The close-knit community lifestyle, combined with the natural beauty of the surrounding lakes and wildlife, makes Deer Island a desirable place to live.
Buyer vs Seller Market in Deer Island, FL
In the recent months, Deer Island has seen a surge in interest from homebuyers, particularly those looking for waterfront properties and serene living environments. The market is characterized by a mix of single-family homes and luxury waterfront estates, catering to a diverse demographic. Properties tend to sell quickly due in part to their desirable locations and community surroundings, with many listings receiving multiple offers shortly after they are listed.
As of October 2023, the median home price in Deer Island has experienced a steady increase over the past year, reflecting a broader trend of high demand in Lake County. The market remains competitive, with an influx of new residents drawn to the area’s natural beauty and quality of life. Home values are expected to continue rising, albeit at a mindful pace as local developers and residents strive to maintain the area's charm.
Home Value Estimator For Deer Island, FL
There are currently 210 real estate properties
in Deer Island, FL,
with a median automated valuation model (AVM) price
of $542,858.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Deer Island, FL, 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 Deer Island, FL,
is $799,108.00, with the most expensive house
in Deer Island, FL, topping out
at $2,912,181.00 and the cheapest home
in Deer Island, FL,
clocking in at $80,567.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Deer Island, FL!
Rent Prices
In Deer Island, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Deer Island, FL, is on
a rollercoaster ride. The
average rent price in Deer Island, FL,
is $1,709.00. Indeed, when looking to rent in
Deer Island, FL, you can expect to pay as little
as $1,160.00 or as much
as $2,680.00,
with the average rent median estimated to
be $1,600.00. The good news is that finding
an affordable and desirable property to rent in Deer Island, FL
-- 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.
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