There are currently 2,973 real estate properties in Big Pine Key, FL, with a median automated valuation model (AVM) price of $472,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Big Pine 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 Big Pine Key, FL, is $516,773.00, with the most expensive house in Big Pine Key, FL, topping out at $5,950,000.00 and the cheapest home in Big Pine Key, FL, clocking in at $113,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Big Pine Key, FL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Big Pine Key, FL, is on a rollercoaster ride. The average rent price in Big Pine Key, FL, is $2,409.00. Indeed, when looking to rent in Big Pine Key, FL, you can expect to pay as little as $1,380.00 or as much as $4,520.00, with the average rent median estimated to be $2,360.00. The good news is that finding an affordable and desirable property to rent in Big Pine 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Big Pine Key, FL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Big Pine Key, FL and much more. Save thousands at closing with home foreclosure listings in Big Pine Key, FL — up to 75% off market value!
Big Pine Key is located in Monroe, Florida, with an estimated municipal population of 4,896 residents. All of the best foreclosed homes for sale in Big Pine Key are located in the following zip code areas on Foreclosure.com: 33043. The estimated population per square kilometer (.62 miles) in Big Pine Key is 185.
So, about how much do homes cost in Big Pine Key? The most recent median value of resident-owned homes in Big Pine Key is 363,589. An estimated 72.5 percent of households in Big Pine Key own their homes, with an average family size of 2.92. The median household income in Big Pine Key is 58,259, with30.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Big Pine Key, the median commute time of resident workers (in minutes) is 24.8. And last, but certainly not least, are you looking for homes to rent in Big Pine Key? If so, the average rent price paid by renters in Big Pine Key is 1,645, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Big Pine Key, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Big Pine Key is 53.6, split between 51.1 percent male versus 48.9 female. The percentage of residents who report being married in Big Pine Key is 49.6, with an average family size of 2.92.
The percentage of residents who report their race in Big Pine Key is as follows:
|Black / African American||2%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Big Pine Key? Or maybe you are searching for 55+ active adult communities in and/or near Big Pine Key?
The percentage of residents who report their age in Big Pine Key is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Big Pine Key with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Big Pine Key.
How do you know that living in -- or moving to -- Big Pine Key is right where you need to be? Perhaps you grew up in Big Pine Key or already live nearby; therefore, the decision to buy a home in Big Pine Key is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Big Pine Key for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Big Pine Key:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Big Pine Key.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Big Pine Key can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Big Pine Key, meanwhile, can field multiple offers from more qualified buyers.