There are currently 9,377 real estate properties in Palatka, FL, with a median automated valuation model (AVM) price of $174,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Palatka, 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 Palatka, FL, is $231,698.00, with the most expensive house in Palatka, FL, topping out at $8,529,500.00 and the cheapest home in Palatka, FL, clocking in at $11,330.00. In other words, there’s something for every potential homebuyer or savvy investor in Palatka, FL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Palatka, FL, is on a rollercoaster ride. The average rent price in Palatka, FL, is $985.00. Indeed, when looking to rent in Palatka, FL, you can expect to pay as little as $500.00 or as much as $2,480.00, with the average rent median estimated to be $960.00. The good news is that finding an affordable and desirable property to rent in Palatka, 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.
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