Ferndale, FL Foreclosures
How much do homes sell for in Ferndale, FL?
The average home price is currently $366,185.
In Ferndale, FL, how many homes are available?
There are currently 1,132 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 $1,194,012.
What is currently the cheapest priced home in Ferndale, FL?
The cheapest home for sale in Ferndale is priced at $55,135.
Living in Ferndale, FL
Ferndale, FL is a picturesque small town in Lake County known for its historic homes and community-focused lifestyle. It offers a range of outdoor activities and amenities while being conveniently located near larger urban areas. Enjoy the best of both worlds with a peaceful, family-friendly environment.
Current Market Conditions in Ferndale, FL
The current real estate market in Ferndale is characterized by a strong demand for housing, with home prices rising steadily due to limited inventory. Buyers are keen on the area's charm and community aspects, driving competition for available homes. In recent months, the market has seen a noticeable uptick in home sales, leading to a favorable environment for sellers as well.
The interest among homebuyers has been bolstered by the area's appeal for families and retirees alike, with its proximity to outdoor activities and urban conveniences. As such, Ferndale’s market is becoming increasingly desirable, and projections suggest continued growth in property values.
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 $300,000.00. 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 $366,185.00, with the most expensive house
in Ferndale, FL, topping out
at $1,194,012.00 and the cheapest home
in Ferndale, FL,
clocking in at $55,135.00. 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
