There are currently 184 real estate properties in Canal Point, FL, with a median automated valuation model (AVM) price of $134,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Canal Point, 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 Canal Point, FL, is $176,685.00, with the most expensive house in Canal Point, FL, topping out at $2,748,600.00 and the cheapest home in Canal Point, FL, clocking in at $50,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Canal Point, FL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Canal Point, FL, is on a rollercoaster ride. The average rent price in Canal Point, FL, is $1,359.00. Indeed, when looking to rent in Canal Point, FL, you can expect to pay as little as $790.00 or as much as $3,130.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Canal Point, 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 Canal Point, FL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Canal Point, FL and much more. Save thousands at closing with home foreclosure listings in Canal Point, FL — up to 75% off market value!
Canal Point is located in Palm Beach, Florida, with an estimated municipal population of 563 residents. All of the best foreclosed homes for sale in Canal Point are located in the following zip code areas on Foreclosure.com: 33438 33476. The estimated population per square kilometer (.62 miles) in Canal Point is 156.
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 Canal Point, 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 Canal Point is 46.3, split between 52.2 percent male versus 47.8 female. The percentage of residents who report being married in Canal Point is 60.3, with an average family size of 3.55.
The percentage of residents who report their race in Canal Point is as follows:
|Black / African American||14.9%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Canal Point? Or maybe you are searching for 55+ active adult communities in and/or near Canal Point?
The percentage of residents who report their age in Canal Point 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 Canal Point with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Canal Point.
How do you know that living in -- or moving to -- Canal Point is right where you need to be? Perhaps you grew up in Canal Point or already live nearby; therefore, the decision to buy a home in Canal Point is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Canal Point 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 Canal Point:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Canal Point.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Canal Point can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Canal Point, meanwhile, can field multiple offers from more qualified buyers.