Shalimar, FL Foreclosures
How much do homes sell for in Shalimar, FL?
The average home price is currently $473,014.
What’s the average rental cost in Shalimar, FL?
The average rental price in Shalimar is $1,530.
What is the most expensive home in Shalimar?
The most expensive home sold in Shalimar had a price of $8,260,279.
What is currently the cheapest priced home in Shalimar, FL?
The cheapest home for sale in Shalimar is priced at $101,257.
Living in Shalimar, FL
Shalimar, Florida is a charming small town located near Choctawhatchee Bay, offering a peaceful lifestyle with quick access to Fort Walton Beach and Destin's beautiful beaches. Known for its friendly community and outdoor recreational opportunities, Shalimar provides a perfect environment for families and retirees. With quality schools and local amenities, it combines comfort with convenience.
Current Market Conditions in Shalimar, FL
The real estate market in Shalimar has shown signs of steady growth, with property values increasing due to high demand for homes in peaceful surroundings combined with access to the beach. The low inventory levels have driven prices up, making it a competitive market for buyers. Homeownership is highly favored in the area, appealing to families and retirees seeking a tranquil lifestyle.
New developments and renovations are prominent, as many seek to invest in this lovely community. The market is characterized by single-family homes with various price points, conducive for both first-time buyers and those looking to invest. As interest rates rise, potential shifts in buyer behavior may occur, but overall, Shalimar's real estate market remains robust.
Home Value Estimator For Shalimar, FL
There are currently 4,182 real estate properties
in Shalimar, FL,
with a median automated valuation model (AVM) price
of $386,985.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Shalimar, 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 Shalimar, FL,
is $473,014.00, with the most expensive house
in Shalimar, FL, topping out
at $8,260,279.00 and the cheapest home
in Shalimar, FL,
clocking in at $101,257.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Shalimar, FL!
Rent Prices
In Shalimar, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Shalimar, FL, is on
a rollercoaster ride. The
average rent price in Shalimar, FL,
is $1,530.00. Indeed, when looking to rent in
Shalimar, FL, you can expect to pay as little
as $720.00 or as much
as $3,560.00,
with the average rent median estimated to
be $1,480.00. The good news is that finding
an affordable and desirable property to rent in Shalimar, 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.
Learn more on Foreclosure homes
