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Foreclosure Homes in Sanibel, FL

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Sanibel, FL Foreclosures

How much do homes sell for in Sanibel, FL?
The average home price is currently $1,151,061.
In Sanibel, FL, how many homes are available?
There are currently 370 active home listings available in Sanibel.
What’s the average rental cost in Sanibel, FL?
The average rental price in Sanibel is $2,975.
What is the most expensive home in Sanibel?
The most expensive home sold in Sanibel had a price of $49,368,000.
What is currently the cheapest priced home in Sanibel, FL?
The cheapest home for sale in Sanibel is priced at $21,593.

Living in Sanibel, FL

Sanibel, Florida, is a picturesque barrier island known for its beautiful beaches, abundant wildlife, and a serene lifestyle. With a focus on preservation and community, Sanibel offers unique opportunities for outdoor activities, dining, and enjoying nature. Residents experience a slower pace of life that is richly intertwined with the natural environment.

Current Market Conditions in Sanibel, FL

As of October 2023, the real estate market in Sanibel is showing signs of stability as demand continues to meet supply. The unique nature of the island and its desirability as both a vacation destination and a year-round residence keeps prices relatively high, but recent months have shown a slight cooling in buyer activity, allowing for a more balanced market.

Recent data indicates that while prices on Sanibel remain above pre-pandemic levels, the growth rate of home values has started to moderate compared to last year. Buyers are becoming more discerning, and homes that offer sustainable living attributes or unique features are commanding more attention.

Home Value Estimator For Sanibel, FL

There are currently 7,124 real estate properties in Sanibel, FL, with a median automated valuation model (AVM) price of $878,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sanibel, 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 Sanibel, FL, is $1,151,061.00, with the most expensive house in Sanibel, FL, topping out at $49,368,000.00 and the cheapest home in Sanibel, FL, clocking in at $21,593.00. In other words, there’s something for every potential homebuyer or savvy investor in Sanibel, FL!

Rent Prices In Sanibel, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sanibel, FL, is on a rollercoaster ride. The average rent price in Sanibel, FL, is $2,975.00. Indeed, when looking to rent in Sanibel, FL, you can expect to pay as little as $1,750.00 or as much as $4,000.00, with the average rent median estimated to be $3,080.00. The good news is that finding an affordable and desirable property to rent in Sanibel, 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.

Sanibel, FL Foreclosures


Market Trend for Sanibel, FL

Total Listings Available: 370

Market Values:

Home Prices from $21,593 to $49,368,000

Average Sales Price: $1,151,061

Rental Values:

Rental from $1,750 to $4,000

Average Rent Value: $2,975 / month

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