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Preforeclosure Homes in Orchid, FL

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Orchid, FL Foreclosures

How much do homes sell for in Orchid, FL?
The average home price is currently $2,703,206.
What’s the average rental cost in Orchid, FL?
The average rental price in Orchid is $3,550.
What is the most expensive home in Orchid?
The most expensive home sold in Orchid had a price of $14,293,600.
What is currently the cheapest priced home in Orchid, FL?
The cheapest home for sale in Orchid is priced at $44,575.

Living in Orchid, FL

Orchid, Florida is an exclusive coastal community known for its beautiful waterfront properties and peaceful lifestyle. Located near Vero Beach, it offers a range of outdoor activities and a strong sense of community. Residents enjoy stunning natural surroundings and access to pristine beaches.

Current Market Conditions in Orchid, FL

The real estate market in Orchid, FL, is characterized by high demand for luxury homes, particularly those with waterfront views. The area's exclusivity and natural beauty continue to draw buyers looking for second homes or retirement properties. Year over year, the market has shown consistent growth, with an increase in home sales and property values due to limited inventory.

Investors are actively looking at Orchid as a strong choice due to its desirable location and quality of life. As more people seek refuge in quieter areas post-pandemic, the market's competitiveness has intensified, particularly in upscale properties.

Home Value Estimator For Orchid, FL

There are currently 304 real estate properties in Orchid, FL, with a median automated valuation model (AVM) price of $2,627,813.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Orchid, 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 Orchid, FL, is $2,703,206.00, with the most expensive house in Orchid, FL, topping out at $14,293,600.00 and the cheapest home in Orchid, FL, clocking in at $44,575.00. In other words, there’s something for every potential homebuyer or savvy investor in Orchid, FL!

Rent Prices In Orchid, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Orchid, FL, is on a rollercoaster ride. The average rent price in Orchid, FL, is $3,550.00. Indeed, when looking to rent in Orchid, FL, you can expect to pay as little as $1,880.00 or as much as $3,880.00, with the average rent median estimated to be $3,880.00. The good news is that finding an affordable and desirable property to rent in Orchid, 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.

Orchid, FL Preforeclosure Homes


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