Learn more about Palm Harbor FL Homes for Sale. As you look for a home for sale, you may select a medium sized town along the coast that is growing, with appreciating property values. Palm Harbor is large for a medium sized town, and it has a population of just over 58,000 people. There are a total of 15 constituent neighborhoods in this town.
A total of 71% of the people living in Palm Harbor are home owners, with 28% being renters. This is an indication that you can choose what you want to do when looking for a home for sale and a viable return. You could choose to sell your home for a short term return on investment, or to rent it out over the long term for a monthly return.
More than 53% of the homes are single family detached homes with another 23% being high rise apartments that have approximately two bedrooms. The real estate market in Palm Harbor is ideal for those owning their first homes, as well as those who are looking to permanently settle down with families.
On average, a home for sale will go for $197,370 which means that the main target is the upper middle class. The rental income you can receive is $1,623, which is much higher than many other neighborhoods in Florida.
Should you be interested in getting some high end property in Palm Harbor, you will find that the most expensive neighborhoods are East Lake, Tarpon Woods Blvd, Ozona, Curlew and Katherine Blvd. You have the option of selecting stunning homes for sale inland or by the beach.
Palm Harbor, FL Home Buying Information
- First Time Home Buyers – Are you a first home time buyer in Palm Harbor Florida? There are many new loan programs out there, if you have a little money there are programs out there for you! A new conventional loan program out that offer 3% down. Get more information about First Time Home Buyers Program in Palm Harbor.
- VA Loan Programs for Veterans – This is an awesome program for Veterans, the VA guaranteed a loan to honorable discharged Veterans. First step is to go to the nearest Palm Harbor Veteran Affair office to get a certificate. To see if you qualify for a VA home loan, fill out the form and receive a call from one of our preferred VA mortgage lenders.
- Palm Harbor FL Foreclosure Properties – If you are investor or just interested in buying Palm Harbor foreclosure homes for sale or Palm Harbor real estate for sale at below market value? Use my search page Palm Harbor Foreclosure homes to find out more.
The Residents of Palm Harbor, FL
The people who are living in Palm Harbor are primarily white collar, as close to 90% of the population work in professional or sales jobs. There are a large number of people who have attained a college education in Palm Beach, which explains its white collar status and appeal for families. Public education here is of a high value and exceptional quality which increases the appeal for family homes.
The residents are quite cosmopolitan and the primary language spoken is English. There is a significant portion of the population that speak in Spanish as well.
Choosing Real Estate in Palm Harbor, Florida
There are five neighborhoods that you need to consider in the real estate market for Palm Harbor as the values of the homes in these neighborhoods have been rapidly appreciating. These neighborhoods include East Lake, Crystal Beach, Curlew, Lake Tarpon Drive and Tampa Road. Any home for sale in these neighborhoods will bring forth an excellent return, both in the short term and the long term.
In the last twelve months, the appreciation rate in the whole of Palm Harbor was at 9.86% and as of the last quarter, the values of the homes appreciated by 2.42%.
When looking for your home, you will find that this real estate market has a large number of home which are vacant. This will give you the upper hand when it comes to negotiations on the various prices for the available homes. This applies whether you are looking to buy a home for your family or as an investor in real estate.
The growing appreciation rates in this area are what makes the real estate market so appealing. Short term investors are sure that they will make an excellent return in minimal time. Long term investors and those looking for homes that will house their families are sure that with time, they will receive an excellent return and may even benefit from rental income. Now is the right time to invest in real estate in Palm Harbor.
List of Houses in Palm Harbor, FL that’s for Sale
The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional Multiple Listing Service, Inc. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.