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Foreclosure Homes in Summerland Key, FL

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Summerland Key, FL Foreclosures

How much do homes sell for in Summerland Key, FL?
The average home price is currently $1,221,616.
In Summerland Key, FL, how many homes are available?
There are currently 11 active home listings available in Summerland Key.
What’s the average rental cost in Summerland Key, FL?
The average rental price in Summerland Key is $2,888.
What is the most expensive home in Summerland Key?
The most expensive home sold in Summerland Key had a price of $54,757,820.
What is currently the cheapest priced home in Summerland Key, FL?
The cheapest home for sale in Summerland Key is priced at $46,628.

Living in Summerland Key, FL

Summerland Key offers a perfect blend of tranquility and beautiful natural surroundings, making it an ideal location for those looking to escape city life. This picturesque island in the Florida Keys boasts stunning waterfront views, an array of outdoor activities, and a relaxed, laid-back atmosphere. With its close-knit community and vibrant marine life, Summerland Key is a hidden gem for both residents and visitors alike.

Current Market Conditions in Summerland Key, FL

The real estate market in Summerland Key is currently experiencing a steady rise, driven by increased demand for properties along the picturesque waterways. Homebuyers are attracted to the island's tranquil lifestyle and abundant outdoor activities, leading to a competitive market for well-maintained homes. The popularity of vacation rentals has also contributed to the increasing value of beachfront properties, making it an opportune time for both sellers and investors.

Recent trends indicate a growing interest in vacation homes and investment properties in Summerland Key, as more individuals seek to escape the hustle and bustle of urban living. The current inventory reflects a mix of affordable options and luxury listings catering to various buyer preferences. Overall, the market remains strong, with continued interest expected throughout the coming seasons.

Home Value Estimator For Summerland Key, FL

There are currently 2,196 real estate properties in Summerland Key, FL, with a median automated valuation model (AVM) price of $991,357.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Summerland Key, 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 Summerland Key, FL, is $1,221,616.00, with the most expensive house in Summerland Key, FL, topping out at $54,757,820.00 and the cheapest home in Summerland Key, FL, clocking in at $46,628.00. In other words, there’s something for every potential homebuyer or savvy investor in Summerland Key, FL!

Rent Prices In Summerland Key, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Summerland Key, FL, is on a rollercoaster ride. The average rent price in Summerland Key, FL, is $2,888.00. Indeed, when looking to rent in Summerland Key, FL, you can expect to pay as little as $1,370.00 or as much as $4,620.00, with the average rent median estimated to be $2,830.00. The good news is that finding an affordable and desirable property to rent in Summerland Key, 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.

Summerland Key, FL Foreclosures


Market Trend for Summerland Key, FL

Total Listings Available: 11

Market Values:

Home Prices from $46,628 to $54,757,820

Average Sales Price: $1,221,616

Rental Values:

Rental from $1,370 to $4,620

Average Rent Value: $2,888 / month

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