Palmdale, FL Foreclosures
How much do homes sell for in Palmdale, FL?
The average home price is currently $386,313.
In Palmdale, FL, how many homes are available?
There are currently 14 active home listings available in Palmdale.
What’s the average rental cost in Palmdale, FL?
The average rental price in Palmdale is $1,007.
What is the most expensive home in Palmdale?
The most expensive home sold in Palmdale had a price of $8,793,967.
What is currently the cheapest priced home in Palmdale, FL?
The cheapest home for sale in Palmdale is priced at $27,617.
Living in Palmdale, FL
Palmdale, FL is a peaceful community nestled in beautiful natural surroundings. Known for its friendly residents and outdoor-oriented lifestyle, it offers a range of recreational activities such as hiking and fishing. The area boasts local schools and essential amenities while maintaining a tranquil small-town charm.
Current Market Conditions in Palmdale, FL
The current real estate market in Palmdale is showing steady growth, with increasing demand for homes driven by newcomers seeking a quieter lifestyle. The average home prices have been on the rise, reflecting the limited housing inventory and higher buyer interest. This trend is supported by favorable interest rates, enticing both first-time buyers and investors.
Compared to last year, the market dynamics have shifted slightly with more properties being sold, yet the inventory remains low. This creates a competitive atmosphere for buyers, leading to bidding wars in some cases. Investors are particularly attracted to the consistent rental demand, making it a promising market for property investment.
Home Value Estimator For Palmdale, FL
There are currently 56 real estate properties
in Palmdale, FL,
with a median automated valuation model (AVM) price
of $104,170.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Palmdale, 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 Palmdale, FL,
is $386,313.00, with the most expensive house
in Palmdale, FL, topping out
at $8,793,967.00 and the cheapest home
in Palmdale, FL,
clocking in at $27,617.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Palmdale, FL!
Rent Prices
In Palmdale, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Palmdale, FL, is on
a rollercoaster ride. The
average rent price in Palmdale, FL,
is $1,007.00. Indeed, when looking to rent in
Palmdale, FL, you can expect to pay as little
as $600.00 or as much
as $2,840.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Palmdale, 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
