Gwynn Oak, MD Foreclosures
How much do homes sell for in Gwynn Oak, MD?
The average home price is currently $502,955.
In Gwynn Oak, MD, how many homes are available?
There are currently 36 active home listings available in Gwynn Oak.
What’s the average rental cost in Gwynn Oak, MD?
The average rental price in Gwynn Oak is $1,471.
What is the most expensive home in Gwynn Oak?
The most expensive home sold in Gwynn Oak had a price of $40,092,072.
What is currently the cheapest priced home in Gwynn Oak, MD?
The cheapest home for sale in Gwynn Oak is priced at $10,430.
Living in Gwynn Oak, MD
Gwynn Oak, MD, is a serene suburban neighborhood in Baltimore County, characterized by its friendly community and abundant green spaces. Here, residents enjoy the convenience of local amenities and easy access to major transportation routes, making commuting a breeze. With a blend of peaceful living and urban accessibility, Gwynn Oak is perfect for families and professionals seeking a welcoming environment.
Current Market Conditions in Gwynn Oak, MD
The real estate market in Gwynn Oak, MD, has seen a steady increase in demand over the past year, driven primarily by families and first-time homebuyers looking for affordable housing in a suburban setting. Homes in the area are reasonably priced compared to nearby urban locales, attracting a diverse range of buyers seeking to enjoy the charms of suburban life without sacrificing proximity to Baltimore.
In the last few months, the market has shown signs of growth as interest rates stabilizes, and buyers actively pursue properties that meet their needs in both size and budget. Additionally, with schools recognized for their quality and an overall safe community environment, Gwynn Oak remains a target market for those looking to settle in a family-friendly area.
Home Value Estimator For Gwynn Oak, MD
There are currently 290 real estate properties
in Gwynn Oak, MD,
with a median automated valuation model (AVM) price
of $320,642.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gwynn Oak, 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 Gwynn Oak, MD,
is $502,955.00, with the most expensive house
in Gwynn Oak, MD, topping out
at $40,092,072.00 and the cheapest home
in Gwynn Oak, MD,
clocking in at $10,430.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gwynn Oak, MD!
Rent Prices
In Gwynn Oak, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gwynn Oak, MD, is on
a rollercoaster ride. The
average rent price in Gwynn Oak, MD,
is $1,471.00. Indeed, when looking to rent in
Gwynn Oak, MD, you can expect to pay as little
as $750.00 or as much
as $2,260.00,
with the average rent median estimated to
be $1,580.00. The good news is that finding
an affordable and desirable property to rent in Gwynn Oak, 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
