Ferndale, FL Foreclosures
How much do homes sell for in Ferndale, FL?
The average home price is currently $370,564.
In Ferndale, FL, how many homes are available?
There are currently 1 active home listings available in Ferndale.
What’s the average rental cost in Ferndale, FL?
The average rental price in Ferndale is $1,400.
What is the most expensive home in Ferndale?
The most expensive home sold in Ferndale had a price of $1,210,778.
What is currently the cheapest priced home in Ferndale, FL?
The cheapest home for sale in Ferndale is priced at $54,142.
Living in Ferndale, FL
Ferndale, located in Lake County, Florida, offers a quaint and serene suburban lifestyle. This charming town is surrounded by lush nature and beautiful scenery, making it ideal for outdoor enthusiasts. Residents enjoy a close-knit community atmosphere and easy access to nearby urban amenities.
Current Market Conditions in Ferndale, FL
The real estate market in Ferndale is currently stable, showing consistent growth over the past year. The demand for homes has increased, driven by the town's appeal as a peaceful retreat from the hustle of nearby cities. Property values have risen moderately, reflecting a competitive market, particularly for family homes.
In recent months, there has been a notable trend of buyers looking for more spacious properties due to the shift in lifestyle preferences driven by remote work opportunities. As a result, we anticipate continued interest in homes with larger lots and access to outdoor spaces.
Home Value Estimator For Ferndale, FL
There are currently 31 real estate properties
in Ferndale, FL,
with a median automated valuation model (AVM) price
of $299,479.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ferndale, 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 Ferndale, FL,
is $370,564.00, with the most expensive house
in Ferndale, FL, topping out
at $1,210,778.00 and the cheapest home
in Ferndale, FL,
clocking in at $54,142.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ferndale, FL!
Rent Prices
In Ferndale, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ferndale, FL, is on
a rollercoaster ride. The
average rent price in Ferndale, FL,
is $1,400.00. Indeed, when looking to rent in
Ferndale, FL, you can expect to pay as little
as $750.00 or as much
as $2,490.00,
with the average rent median estimated to
be $1,350.00. The good news is that finding
an affordable and desirable property to rent in Ferndale, 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.
Learn more on Foreclosure homes
