Boonsboro, MD Foreclosures
How much do homes sell for in Boonsboro, MD?
The average home price is currently $452,075.
In Boonsboro, MD, how many homes are available?
There are currently 40 active home listings available in Boonsboro.
What’s the average rental cost in Boonsboro, MD?
The average rental price in Boonsboro is $1,549.
What is the most expensive home in Boonsboro?
The most expensive home sold in Boonsboro had a price of $27,787,960.
What is currently the cheapest priced home in Boonsboro, MD?
The cheapest home for sale in Boonsboro is priced at $38,226.
Living in Boonsboro, MD
Boonsboro, located in Washington County, Maryland, is a quaint historical town known for its rich heritage and beautiful outdoor scenery. The town boasts a harmonious blend of residential, business, and recreational areas, making it ideal for families and outdoor enthusiasts. Renowned for its charming downtown area, Boonsboro hosts various community events, and offers local shops and dining options that enhance its inviting atmosphere.
Current Market Conditions in Boonsboro, MD
Currently, Boonsboro's real estate market is characterized by moderate growth, with inventory levels adjusting to meet increasing demand, especially from families and retirees seeking a peaceful lifestyle. Homes are selling quickly, often within weeks of listing, thanks to the town's appeal and proximity to larger cities.
There is a growing interest in single-family homes and modest-sized properties, driven by the town’s attractive living conditions. New developments are emerging, supported by infrastructure improvements and community investments, driving home values upwards.
Home Value Estimator For Boonsboro, MD
There are currently 3,688 real estate properties
in Boonsboro, MD,
with a median automated valuation model (AVM) price
of $389,680.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Boonsboro, 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 Boonsboro, MD,
is $452,075.00, with the most expensive house
in Boonsboro, MD, topping out
at $27,787,960.00 and the cheapest home
in Boonsboro, MD,
clocking in at $38,226.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Boonsboro, MD!
Rent Prices
In Boonsboro, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Boonsboro, MD, is on
a rollercoaster ride. The
average rent price in Boonsboro, MD,
is $1,549.00. Indeed, when looking to rent in
Boonsboro, MD, you can expect to pay as little
as $560.00 or as much
as $2,560.00,
with the average rent median estimated to
be $1,520.00. The good news is that finding
an affordable and desirable property to rent in Boonsboro, 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
