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Preforeclosure Homes in Lake Park, FL

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Lake Park, FL Foreclosures

How much do homes sell for in Lake Park, FL?
The average home price is currently $393,904.
In Lake Park, FL, how many homes are available?
There are currently 13 active home listings available in Lake Park.
What’s the average rental cost in Lake Park, FL?
The average rental price in Lake Park is $1,437.
What is the most expensive home in Lake Park?
The most expensive home sold in Lake Park had a price of $25,332,732.
What is currently the cheapest priced home in Lake Park, FL?
The cheapest home for sale in Lake Park is priced at $57,000.

Living in Lake Park, FL

Lake Park is a charming community located in Palm Beach County, Florida. Known for its suburban feel and close-knit atmosphere, Lake Park offers a variety of parks, recreational activities, and waterfront areas. The community features good schools, vibrant local businesses, and easy access to the nearby city of West Palm Beach, making it an attractive place for families and young professionals alike.

Current Market Conditions in Lake Park, FL

The current real estate market in Lake Park is showing signs of steady growth, characterized by increasing home values and a competitive inventory of listings. The demand for homes in this area has remained strong, fueled by an influx of new residents attracted to the area's quality of life and its proximity to the beach and urban amenities.

First-time buyers and families looking to settle down have shown increased interest in Lake Park, often leading to bidding wars for desirable properties. With market trends indicating a limited supply, potential buyers should be prepared to act quickly when they find a suitable listing.

Home Value Estimator For Lake Park, FL

There are currently 711 real estate properties in Lake Park, FL, with a median automated valuation model (AVM) price of $297,402.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake Park, 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 Lake Park, FL, is $393,904.00, with the most expensive house in Lake Park, FL, topping out at $25,332,732.00 and the cheapest home in Lake Park, FL, clocking in at $57,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Park, FL!

Rent Prices In Lake Park, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Park, FL, is on a rollercoaster ride. The average rent price in Lake Park, FL, is $1,437.00. Indeed, when looking to rent in Lake Park, FL, you can expect to pay as little as $850.00 or as much as $4,540.00, with the average rent median estimated to be $1,500.00. The good news is that finding an affordable and desirable property to rent in Lake Park, 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.

Lake Park, FL Preforeclosure Homes


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