Little Torch Key, FL Foreclosures
How much do homes sell for in Little Torch Key, FL?
The average home price is currently $778,855.
In Little Torch Key, FL, how many homes are available?
There are currently 1 active home listings available in Little Torch Key.
What’s the average rental cost in Little Torch Key, FL?
The average rental price in Little Torch Key is $2,573.
What is the most expensive home in Little Torch Key?
The most expensive home sold in Little Torch Key had a price of $9,241,592.
What is currently the cheapest priced home in Little Torch Key, FL?
The cheapest home for sale in Little Torch Key is priced at $53,268.
Living in Little Torch Key, FL
Little Torch Key is a hidden gem in the Florida Keys, featuring a tranquil lifestyle amidst breathtaking nature. It's the perfect getaway for those who enjoy outdoor activities such as fishing and boating. Residents can relish the beauty of island life while being just a short drive from lively Key West.
Current Market Conditions in Little Torch Key, FL
The real estate market in Little Torch Key continues to thrive, driven by demand for vacation properties and primary residences alike. Recent trends indicate a stable increase in property values as more buyers seek out the allure of this picturesque island. Many homes are selling quickly, featuring unique designs that capture the essence of Florida Keys living.
Inventory levels are relatively low, contributing to healthy competition among buyers. Meanwhile, homes in prime waterfront locations are particularly sought after, often resulting in bidding wars. As the interest in remote working increases, more individuals are looking for homes that offer both comfort and scenic views.
Home Value Estimator For Little Torch Key, FL
There are currently 644 real estate properties
in Little Torch Key, FL,
with a median automated valuation model (AVM) price
of $717,894.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Little Torch Key, 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 Little Torch Key, FL,
is $778,855.00, with the most expensive house
in Little Torch Key, FL, topping out
at $9,241,592.00 and the cheapest home
in Little Torch Key, FL,
clocking in at $53,268.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Little Torch Key, FL!
Rent Prices
In Little Torch Key, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Little Torch Key, FL, is on
a rollercoaster ride. The
average rent price in Little Torch Key, FL,
is $2,573.00. Indeed, when looking to rent in
Little Torch Key, FL, you can expect to pay as little
as $1,500.00 or as much
as $4,160.00,
with the average rent median estimated to
be $2,640.00. The good news is that finding
an affordable and desirable property to rent in Little Torch Key, 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
