Single-family Foreclosures in Bel Air, MD

Current Market Conditions in Bel Air, MD

The real estate market in Bel Air, MD, is currently experiencing a healthy demand, with a balanced mixture of buyers and sellers. Prices have been steadily increasing, driven by a shortage of inventory and a high interest in the area due to its appealing lifestyle and strong school system.

Recent trends indicate a growing interest from out-of-town buyers, especially those moving from urban areas looking for spacious homes and properties with backyards. This influx has contributed to bidding wars in some segments of the market, particularly for homes under $500,000.

Rent Prices In Bel Air, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bel Air, MD, is on a rollercoaster ride. The average rent price in Bel Air, MD, is $1,927.00. Indeed, when looking to rent in Bel Air, MD, you can expect to pay as little as $920.00 or as much as $5,360.00, with the average rent median estimated to be $1,860.00. The good news is that finding an affordable and desirable property to rent in Bel Air, 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.