Adelphi, MD Foreclosures
How much do homes sell for in Adelphi, MD?
The average home price is currently $393,734.
In Adelphi, MD, how many homes are available?
There are currently 93 active home listings available in Adelphi.
What’s the average rental cost in Adelphi, MD?
The average rental price in Adelphi is $1,966.
What is the most expensive home in Adelphi?
The most expensive home sold in Adelphi had a price of $114,547,024.
What is currently the cheapest priced home in Adelphi, MD?
The cheapest home for sale in Adelphi is priced at $10,936.
Living in Adelphi, MD
Adelphi, MD is a wholesome neighborhood characterized by its diverse community and close-knit atmosphere. With convenient access to Washington, D.C. by public transportation, it offers the best of suburban living while being near the hustle and bustle of city life. Families and students alike appreciate the abundance of parks, recreational facilities, and educational institutions in the area.
Current Market Conditions in Adelphi, MD
The real estate market in Adelphi, MD has shown steady growth over the past months, driven by the increasing demand for affordable housing near Washington, D.C. As more people seek out suburban living while maintaining easy access to the city, home values have steadily increased. This trend is expected to continue as new developments emerge and populations grow.
The current market reflects a balanced inventory of homes for sale, with a mix of entry-level options and higher-priced listings. The average time on market has decreased as buyers compete for well-located properties, particularly those under $500,000. The community is becoming increasingly attractive, drawing in first-time homebuyers and investors alike.
Home Value Estimator For Adelphi, MD
There are currently 8,638 real estate properties
in Adelphi, MD,
with a median automated valuation model (AVM) price
of $404,734.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Adelphi, 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 Adelphi, MD,
is $393,734.00, with the most expensive house
in Adelphi, MD, topping out
at $114,547,024.00 and the cheapest home
in Adelphi, MD,
clocking in at $10,936.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Adelphi, MD!
Rent Prices
In Adelphi, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Adelphi, MD, is on
a rollercoaster ride. The
average rent price in Adelphi, MD,
is $1,966.00. Indeed, when looking to rent in
Adelphi, MD, you can expect to pay as little
as $930.00 or as much
as $4,700.00,
with the average rent median estimated to
be $2,010.00. The good news is that finding
an affordable and desirable property to rent in Adelphi, 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
