Edgemere, MD Foreclosures
How much do homes sell for in Edgemere, MD?
The average home price is currently $547,606.
What’s the average rental cost in Edgemere, MD?
The average rental price in Edgemere is $1,689.
What is the most expensive home in Edgemere?
The most expensive home sold in Edgemere had a price of $11,378,796.
What is currently the cheapest priced home in Edgemere, MD?
The cheapest home for sale in Edgemere is priced at $102,466.
Living in Edgemere, MD
Edgemere, MD is a picturesque waterfront community nestled along Chesapeake Bay, offering residents a blend of tranquility and outdoor adventure. With its family-friendly atmosphere and access to educational resources, it’s a great place to call home. The area boasts a range of outdoor activities, making it perfect for nature lovers and active lifestyles.
Current Market Conditions in Edgemere, MD
The real estate market in Edgemere, MD, has seen a steady increase in home values over the past year, reflecting the desirability of waterfront living. The area attracts both first-time buyers and retirees looking for a peaceful yet engaging community. Homes typically sell faster than the national average, indicating a strong demand.
As of late 2023, Edgemere's real estate market shows signs of continued growth, with an increase in new constructions catering to families and retirees alike. The tight inventory of homes for sale has led to competitive bidding, yet the area remains accessible for various budgets.
Home Value Estimator For Edgemere, MD
There are currently 128 real estate properties
in Edgemere, MD,
with a median automated valuation model (AVM) price
of $437,950.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Edgemere, 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 Edgemere, MD,
is $547,606.00, with the most expensive house
in Edgemere, MD, topping out
at $11,378,796.00 and the cheapest home
in Edgemere, MD,
clocking in at $102,466.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Edgemere, MD!
Rent Prices
In Edgemere, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Edgemere, MD, is on
a rollercoaster ride. The
average rent price in Edgemere, MD,
is $1,689.00. Indeed, when looking to rent in
Edgemere, MD, you can expect to pay as little
as $1,290.00 or as much
as $2,360.00,
with the average rent median estimated to
be $1,700.00. The good news is that finding
an affordable and desirable property to rent in Edgemere, 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
