Village Of Palmetto Bay, FL Foreclosures
How much do homes sell for in Village Of Palmetto Bay, FL?
The average home price is currently $436,569.
What’s the average rental cost in Village Of Palmetto Bay, FL?
The average rental price in Village Of Palmetto Bay is $1,805.
What is the most expensive home in Village Of Palmetto Bay?
The most expensive home sold in Village Of Palmetto Bay had a price of $2,119,250.
What is currently the cheapest priced home in Village Of Palmetto Bay, FL?
The cheapest home for sale in Village Of Palmetto Bay is priced at $22,315.
Living in Village Of Palmetto Bay, FL
Village of Palmetto Bay offers a perfect blend of suburban charm and urban accessibility. Known for its family-oriented community, residents enjoy numerous parks, top-notch schools, and a variety of local events. With easy access to major roadways, the village is ideal for those who appreciate tranquility while being close to Miami's vibrant culture.
Current Market Conditions in Village Of Palmetto Bay, FL
Currently, the real estate market in Palmetto Bay is competitive, with properties seeing steady demand. Homebuyers are drawn to the area’s family-friendly atmosphere and high-quality schools, which drives prices up and creates limited inventory. As a result, homes are often selling quickly, with many receiving multiple offers.
Reports indicate a gradual increase in property values over the last year, suggesting a growing trend. This trend is likely to continue as the community remains attractive to families and professionals seeking a suburban lifestyle with urban conveniences.
Home Value Estimator For Village Of Palmetto Bay, FL
There are currently 371 real estate properties
in Village Of Palmetto Bay, FL,
with a median automated valuation model (AVM) price
of $248,972.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Village Of Palmetto Bay, 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 Village Of Palmetto Bay, FL,
is $436,569.00, with the most expensive house
in Village Of Palmetto Bay, FL, topping out
at $2,119,250.00 and the cheapest home
in Village Of Palmetto Bay, FL,
clocking in at $22,315.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Village Of Palmetto Bay, FL!
Rent Prices
In Village Of Palmetto Bay, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Village Of Palmetto Bay, FL, is on
a rollercoaster ride. The
average rent price in Village Of Palmetto Bay, FL,
is $1,805.00. Indeed, when looking to rent in
Village Of Palmetto Bay, FL, you can expect to pay as little
as $840.00 or as much
as $3,720.00,
with the average rent median estimated to
be $1,630.00. The good news is that finding
an affordable and desirable property to rent in Village Of Palmetto Bay, 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.