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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 $328,890.
In Panacea, FL, how many homes are available?
There are currently 153 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 $3,739,002.
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, Florida, is a small coastal town renowned for its tranquil beaches and outdoor recreational activities, making it an ideal spot for those seeking a peaceful lifestyle. With its friendly community atmosphere, local dining options, and beautiful surroundings, it offers a perfect retreat for families and retirees alike.

Current Market Conditions in Panacea, FL

The real estate market in Panacea has seen a steady increase in demand over the past year, with families and retirees looking to experience the charm of coastal living. Home values have increased modestly due to the area's natural beauty and recreational opportunities, creating a competitive market for buyers and a good opportunity for sellers.

New construction has also become increasingly prominent, catering to those seeking modern amenities while preserving the coastal lifestyle that Panacea offers. Vacation homes and rental properties are especially popular, given the area's appeal as a getaway.

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 $255,752.00. 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 $328,890.00, with the most expensive house in Panacea, FL, topping out at $3,739,002.00 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


Market Trend for Panacea, FL

Total Listings Available: 153

Market Values:

Home Prices from $10,393 to $3,739,002

Average Sales Price: $328,890

Rental Values:

Rental from $700 to $2,680

Average Rent Value: $1,267 / month

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