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Preforeclosure Homes in Pompano Beach, FL

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Living in Pompano Beach, FL

Pompano Beach, FL, is a beautiful coastal city famous for its stunning beaches, year-round sunshine, and relaxed lifestyle. It offers a variety of outdoor activities, shopping, dining, and excellent educational institutions. With convenient access to major highways and an airport nearby, Pompano Beach is a perfect place to live or visit.

Current Market Conditions in Pompano Beach, FL

Currently, the real estate market in Pompano Beach is thriving, characterized by rising property values and a competitive buyer's market. The demand for homes has increased as more individuals seek the tranquil beachside lifestyle, driving prices upward.

Many new developments and renovations are underway, aiming to improve housing stock and meet growing demands. The influx of out-of-state buyers, drawn by the area's warm climate and recreational opportunities, keeps the market buoyant.

Home Value Estimator For Pompano Beach, FL

There are currently 52,603 real estate properties in Pompano Beach, FL, with a median automated valuation model (AVM) price of $353,946.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pompano Beach, 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 Pompano Beach, FL, is $494,638.00, with the most expensive house in Pompano Beach, FL, topping out at $127,791,616.00 and the cheapest home in Pompano Beach, FL, clocking in at $33,805.00. In other words, there’s something for every potential homebuyer or savvy investor in Pompano Beach, FL!

Rent Prices In Pompano Beach, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pompano Beach, FL, is on a rollercoaster ride. The average rent price in Pompano Beach, FL, is $1,737.00. Indeed, when looking to rent in Pompano Beach, FL, you can expect to pay as little as $750.00 or as much as $6,460.00, with the average rent median estimated to be $1,620.00. The good news is that finding an affordable and desirable property to rent in Pompano Beach, 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.

Pompano Beach, FL Preforeclosure Homes


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