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Foreclosure Homes in Islamorada, FL

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Islamorada, FL Foreclosures

How much do homes sell for in Islamorada, FL?
The average home price is currently $2,011,897.
In Islamorada, FL, how many homes are available?
There are currently 3 active home listings available in Islamorada.
What’s the average rental cost in Islamorada, FL?
The average rental price in Islamorada is $3,167.
What is the most expensive home in Islamorada?
The most expensive home sold in Islamorada had a price of $52,800,856.
What is currently the cheapest priced home in Islamorada, FL?
The cheapest home for sale in Islamorada is priced at $122,470.

Living in Islamorada, FL

Islamorada is a picturesque village in the Florida Keys known for its breathtaking landscapes, exceptional water sports, and vibrant local culture. With a mix of charming boutiques and seaside dining, it's an ideal location for both residents and visitors seeking a tropical escape. The community offers excellent schools, recreational activities, and unparalleled access to outdoor adventures.

Current Market Conditions in Islamorada, FL

The real estate market in Islamorada is currently experiencing a robust demand, driven by the area's popularity as both a vacation destination and a future residence for many looking to escape to the idyllic Florida Keys. Properties are being snapped up quickly, with many listings receiving multiple offers, leading to increasing sale prices. Interest from remote workers looking for a lifestyle change continues to add to the competitive nature of the market, particularly for waterfront homes.

Recently, there has been a noticeable shift towards more families seeking permanent residences in Islamorada, as the pandemic has altered relocation trends. Many are interested in investing in spacious properties with outdoor space, and this has reinforced the area's property values, contributing to healthy market appreciation.

Home Value Estimator For Islamorada, FL

There are currently 2,735 real estate properties in Islamorada, FL, with a median automated valuation model (AVM) price of $1,559,155.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Islamorada, 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 Islamorada, FL, is $2,011,897.00, with the most expensive house in Islamorada, FL, topping out at $52,800,856.00 and the cheapest home in Islamorada, FL, clocking in at $122,470.00. In other words, there’s something for every potential homebuyer or savvy investor in Islamorada, FL!

Rent Prices In Islamorada, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Islamorada, FL, is on a rollercoaster ride. The average rent price in Islamorada, FL, is $3,167.00. Indeed, when looking to rent in Islamorada, FL, you can expect to pay as little as $1,100.00 or as much as $4,620.00, with the average rent median estimated to be $3,230.00. The good news is that finding an affordable and desirable property to rent in Islamorada, 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.

Islamorada, FL Foreclosures


Market Trend for Islamorada, FL

Total Listings Available: 3

Market Values:

Home Prices from $122,470 to $52,800,856

Average Sales Price: $2,011,897

Rental Values:

Rental from $1,100 to $4,620

Average Rent Value: $3,167 / month

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