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Foreclosure Homes 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 $331,472.
In Panacea, FL, how many homes are available?
There are currently 154 active home listings available in Panacea.
What’s the average rental cost in Panacea, FL?
The average rental price in Panacea is $1,261.
What is the most expensive home in Panacea?
The most expensive home sold in Panacea had a price of $3,660,644.
What is currently the cheapest priced home in Panacea, FL?
The cheapest home for sale in Panacea is priced at $10,232.

Living in Panacea, FL

Panacea, FL, is a peaceful coastal town known for its beautiful shores and outdoor adventures. Located in Wakulla County, it features a mix of natural attractions and community amenities, making it a great spot for families and retirees alike.

Current Market Conditions in Panacea, FL

The real estate market in Panacea is relatively stable, with a steady demand for vacation homes and retirement properties. The tranquil environment and waterfront access make it an attractive option for buyers seeking a peaceful retreat.

Recent trends indicate a slight increase in home prices, driven by rising interest from out-of-state buyers drawn by the area’s natural beauty and outdoor opportunities. The rental market is also thriving with numerous listings available for short-term vacation rentals.

Home Value Estimator For Panacea, FL

There are currently 1,582 real estate properties in Panacea, FL, with a median automated valuation model (AVM) price of $248,695.00. 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 $331,472.00, with the most expensive house in Panacea, FL, topping out at $3,660,644.00 and the cheapest home in Panacea, FL, clocking in at $10,232.00. 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 $1,261.00. 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 $1,130.00. 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


Market Trend for Panacea, FL

Total Listings Available: 154

Market Values:

Home Prices from $10,232 to $3,660,644

Average Sales Price: $331,472

Rental Values:

Rental from $700 to $2,680

Average Rent Value: $1,261 / month

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