Midlothian, MD Foreclosures
How much do homes sell for in Midlothian, MD?
The average home price is currently $142,665.
In Midlothian, MD, how many homes are available?
There are currently 143 active home listings available in Midlothian.
What’s the average rental cost in Midlothian, MD?
The average rental price in Midlothian is $1,043.
What is the most expensive home in Midlothian?
The most expensive home sold in Midlothian had a price of $367,763.
What is currently the cheapest priced home in Midlothian, MD?
The cheapest home for sale in Midlothian is priced at $12,640.
Living in Midlothian, MD
Midlothian, Maryland is a charming, small-town community located in the beautiful rolling hills of Allegany County. This rural area offers a peaceful lifestyle with access to nature, friendly neighbors, and local businesses. It is an ideal location for families and individuals looking to escape the hustle and bustle of city life while still enjoying community amenities.
Current Market Conditions in Midlothian, MD
Midlothian's real estate market has seen steady growth over the past few years, attracting buyers looking for affordable housing options in a quaint neighborhood. The demand for homes has increased due to the area's tranquil setting, resulting in a competitive market for well-maintained properties. Many buyers are drawn to the rural charm and are willing to invest in homes that may require a bit of renovation, enhancing the market's diversity.
In recent months, the number of homes sold has increased, indicating a positive shift in demand. Prices have risen slightly, but buyers still find opportunities for great value, particularly when considering the area's lifestyle and community. Investors are also taking notice, as rental properties in Midlothian show promising returns.
Home Value Estimator For Midlothian, MD
There are currently 86 real estate properties
in Midlothian, MD,
with a median automated valuation model (AVM) price
of $131,829.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Midlothian, MD, 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 Midlothian, MD,
is $142,665.00, with the most expensive house
in Midlothian, MD, topping out
at $367,763.00 and the cheapest home
in Midlothian, MD,
clocking in at $12,640.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Midlothian, MD!
Rent Prices
In Midlothian, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Midlothian, MD, is on
a rollercoaster ride. The
average rent price in Midlothian, MD,
is $1,043.00. Indeed, when looking to rent in
Midlothian, MD, you can expect to pay as little
as $620.00 or as much
as $1,640.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in Midlothian, MD
-- 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.
Learn more on Foreclosure homes
