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Preforeclosure Homes in Margate, FL 33063

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Margate, FL Foreclosures

How much do homes sell for in Margate, FL?
The average home price is currently $348,915.
In Margate, FL, how many homes are available?
There are currently 84 active home listings available in Margate.
What’s the average rental cost in Margate, FL?
The average rental price in Margate is $1,575.
What is the most expensive home in Margate?
The most expensive home sold in Margate had a price of $94,855,504.
What is currently the cheapest priced home in Margate, FL?
The cheapest home for sale in Margate is priced at $52,936.

Living in Margate, FL

Margate is a vibrant city located in South Florida, known for its friendly community atmosphere and family-oriented lifestyle. It features numerous parks and recreational facilities, making it a great place for outdoor activities. The city's convenient location provides easy access to shopping, dining, and entertainment options, catering to a variety of interests.

Current Market Conditions in Margate, FL

The real estate market in Margate, FL is showing signs of growth, with increased buyer interest and a competitive atmosphere. Homes are selling quickly, often above asking price in desirable neighborhoods. The community's attractive amenities and affordability relative to nearby areas have made it a sought-after location for families and first-time buyers.

Average home prices in Margate have seen a steady increase over the past year, with many homes appreciating in value by 8-10%. The demand for properties is expected to remain strong as more people discover Margate's charm and benefits.

Home Value Estimator For Margate, FL

There are currently 21,903 real estate properties in Margate, FL, with a median automated valuation model (AVM) price of $333,281.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Margate, 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 Margate, FL, is $348,915.00, with the most expensive house in Margate, FL, topping out at $94,855,504.00 and the cheapest home in Margate, FL, clocking in at $52,936.00. In other words, there’s something for every potential homebuyer or savvy investor in Margate, FL!

Rent Prices In Margate, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Margate, FL, is on a rollercoaster ride. The average rent price in Margate, FL, is $1,575.00. Indeed, when looking to rent in Margate, FL, you can expect to pay as little as $880.00 or as much as $5,700.00, with the average rent median estimated to be $1,540.00. The good news is that finding an affordable and desirable property to rent in Margate, 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.

Margate, FL 33063 Preforeclosure Homes


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