Islamorada, FL Home Values & Market Trends

Real estate market trends reflect that there have been 143 transactions over the past year in Islamorada. The median value for residential home transactions that occurred over the previous year is $1,644,503.63. The number of current listings in Islamorada is 87, and the percentage of properties for sale in the city is 87.00%. Islamorada, FL currently has 4 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 87 properties for sale.

Islamorada, FL Real Estate Market Overview

ZipMedian Est. Value
33036

$ 1,699,000

$ 990/sqft

Housing Market Summary for Islamorada, FL

Apr 2023March 2024Change
Median Listing Price$2.6M$1.7M-34.49%
Median Sold Price$1.9M$1.7M-9.69%
Homes For Sale688220.59%
Homes Sold7976-3.80%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Islamorada, FL

Islamorada home values range from $64,670 to $25,000,000. The median estimated value of a home in Islamorada is $1,644,503.63. The median list price of a home is 1,750,000, and the total count of properties in the city is 3,039.

Foreclosure
There is 1 zips within Islamorada, FL; within this zips, the median estimated home value for homes in foreclosure ranges from $6,451,917 in 33036 to the lowest value of $555,524 in 33036. Foreclosure homes account for 0.00% of properties in Islamorada, FL with 33036 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.13% of all residential properties in Islamorada, FL with 33036 containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Islamorada, FL; of that zips, the estimated home value for pre-foreclosure homes ranges from $6,451,917 in 33036 to the lowest home value of $555,524 in 33036.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Islamorada, FL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Islamorada, FL. There is 1 zips within Islamorada, FL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Islamorada, FL. Auction homes and other auction properties account for 0% of all properties in Islamorada, FL. There is 1 zips within Islamorada, FL; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 2.86% of residential properties in Islamorada, FL with 33036 containing 87 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Islamorada, FL; homes for sale in that zips, have a range of median values from $25,000,000 in 33036 to the lowest value of $323,117 in 33036.
    Sold Homes
    The median value for recently sold homes ranges from $9,591,010 in 33036 to the lowest price of $289,162 in 33036. There is 1 zips within Islamorada, FL. 33036 has 72 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.37% of properties in Islamorada, FL.

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      Guide for Islamorada, FL

      Market Reports
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
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      Tallahassee’s Real Estate Market A in Review 2023-2024
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      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
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      See More Articles
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

      The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.

      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.

      Recently Listed Homes Islamorada, FL

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