Swan Point, MD Foreclosures
How much do homes sell for in Swan Point, MD?
The average home price is currently $523,615.
What’s the average rental cost in Swan Point, MD?
The average rental price in Swan Point is $2,125.
What is the most expensive home in Swan Point?
The most expensive home sold in Swan Point had a price of $1,430,562.
What is currently the cheapest priced home in Swan Point, MD?
The cheapest home for sale in Swan Point is priced at $25,306.
Living in Swan Point, MD
Swan Point, Maryland, is a charming community characterized by riverside living and natural beauty. Residents enjoy a peaceful lifestyle with easy access to outdoor activities and a strong sense of community. With a selection of homes that boast scenic views, Swan Point is ideal for those looking for tranquility away from the hustle of city life.
Current Market Conditions in Swan Point, MD
The current real estate market in Swan Point reflects growing demand for waterfront properties, with home prices steadily increasing due to limited inventory. Buyers are attracted to the area's natural beauty and family-friendly environment, leading to competitive bidding situations in some cases. The market is particularly favorable for sellers, with homes receiving offers quickly when priced correctly.
In comparison to the previous year, Swan Point has observed a notable uptrend in home prices, driven by a combination of low interest rates and a surge in interest from remote workers seeking quiet communities. While new constructions remain limited, renovations and updates of existing homes have become a popular trend as homeowners seek to improve their living spaces.
Home Value Estimator For Swan Point, MD
There are currently 402 real estate properties
in Swan Point, MD,
with a median automated valuation model (AVM) price
of $482,611.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Swan Point, 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 Swan Point, MD,
is $523,615.00, with the most expensive house
in Swan Point, MD, topping out
at $1,430,562.00 and the cheapest home
in Swan Point, MD,
clocking in at $25,306.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Swan Point, MD!
Rent Prices
In Swan Point, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Swan Point, MD, is on
a rollercoaster ride. The
average rent price in Swan Point, MD,
is $2,125.00. Indeed, when looking to rent in
Swan Point, MD, you can expect to pay as little
as $1,090.00 or as much
as $3,800.00,
with the average rent median estimated to
be $2,100.00. The good news is that finding
an affordable and desirable property to rent in Swan Point, 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
