Long Key, FL Foreclosures
How much do homes sell for in Long Key, FL?
The average home price is currently $618,629.
In Long Key, FL, how many homes are available?
There are currently 96 active home listings available in Long Key.
What’s the average rental cost in Long Key, FL?
The average rental price in Long Key is $2,314.
What is the most expensive home in Long Key?
The most expensive home sold in Long Key had a price of $9,165,710.
What is currently the cheapest priced home in Long Key, FL?
The cheapest home for sale in Long Key is priced at $116,100.
Living in Long Key, FL
Long Key, Florida, offers a serene island lifestyle with a focus on outdoor activities and natural beauty. Known for its stunning waters and vibrant community, Long Key is perfect for those seeking to escape the hustle and bustle of city life. Enjoy fishing, snorkeling, and a laid-back atmosphere year-round.
Current Market Conditions in Long Key, FL
The real estate market in Long Key is currently experiencing a steady demand, with home prices reflecting the desirability of living in this beautiful part of the Florida Keys. Despite a competitive market, there is still a diverse range of properties available, from luxurious waterfront homes to charming bungalows. As tourism continues to grow in the area, property values are expected to remain stable, providing an excellent opportunity for both buyers and investors.
There has been an increase in interest in Long Key real estate, particularly among those looking for vacation homes and rental properties. This trend is driven by the area's appeal as a tropical getaway, leading to a rise in property investment. Moreover, the local market is witnessing an uptick in short-term rental opportunities due to the area's growing popularity among tourists.
Home Value Estimator For Long Key, FL
There are currently 812 real estate properties
in Long Key, FL,
with a median automated valuation model (AVM) price
of $461,321.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Long 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 Long Key, FL,
is $618,629.00, with the most expensive house
in Long Key, FL, topping out
at $9,165,710.00 and the cheapest home
in Long Key, FL,
clocking in at $116,100.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Long Key, FL!
Rent Prices
In Long Key, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Long Key, FL, is on
a rollercoaster ride. The
average rent price in Long Key, FL,
is $2,314.00. Indeed, when looking to rent in
Long Key, FL, you can expect to pay as little
as $1,370.00 or as much
as $4,620.00,
with the average rent median estimated to
be $2,150.00. The good news is that finding
an affordable and desirable property to rent in Long 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
