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Foreclosures in Panacea, FL

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Panacea, FL Foreclosures

How much do homes sell for in Panacea, FL?
The average home price is currently $321,685.
In Panacea, FL, how many homes are available?
There are currently 156 active home listings available in Panacea.
What’s the average rental cost in Panacea, FL?
The average rental price in Panacea is $1,267.
What is the most expensive home in Panacea?
The most expensive home sold in Panacea had a price of $3,694,452.
What is currently the cheapest priced home in Panacea, FL?
The cheapest home for sale in Panacea is priced at $10,393.

Living in Panacea, FL

Panacea is a charming coastal community located in Wakulla County, Florida. Known for its stunning waterfront views, it offers a serene lifestyle surrounded by nature. Residents enjoy access to beautiful beaches and are just a short drive from the vibrant city of Tallahassee.

Current Market Conditions in Panacea, FL

The real estate market in Panacea, FL has been showing signs of steady growth as more people seek out coastal living. The demand for homes in the area has increased, driven by both retirees and families looking for a quiet retreat away from the hustle and bustle of urban life.

As of now, homes are selling at competitive prices, with many buyers eager to invest in waterfront properties or homes near the beach. The influx of new residents has spurred local developments and improvements, making the area increasingly attractive for property investment.

Home Value Estimator For Panacea, FL

There are currently 1,222 real estate properties in Panacea, FL, with a median automated valuation model (AVM) price of $251,986.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Panacea, 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 Panacea, FL, is $321,685.00, with the most expensive house in Panacea, FL, topping out at $3,694,452.00 and the cheapest home in Panacea, FL, clocking in at $10,393.00. In other words, there’s something for every potential homebuyer or savvy investor in Panacea, FL!

Rent Prices In Panacea, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Panacea, FL, is on a rollercoaster ride. The average rent price in Panacea, FL, is $1,267.00. Indeed, when looking to rent in Panacea, FL, you can expect to pay as little as $700.00 or as much as $2,680.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Panacea, 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.

Panacea, FL Foreclosures


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