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Foreclosure Homes in Parsonsburg, MD

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Parsonsburg, MD Foreclosures

Current Market Conditions in in Parsonsburg, MD As of April 2026?
Over the past month, Parsonsburg has seen a slight uptick in home sales, attributed to increasing interest from buyers seeking affordable properties in a rural setting. Homes are spending less time on the market as families relocate in search of more space and a community-oriented lifestyle.
How much do homes sell for in Parsonsburg, MD?
The average home price is currently $278,749.
In Parsonsburg, MD, how many homes are available?
There are currently 3 active home listings available in Parsonsburg.
What’s the average rental cost in Parsonsburg, MD?
The average rental price in Parsonsburg is $1,316.
What is the most expensive home in Parsonsburg?
The most expensive home sold in Parsonsburg had a price of $2,754,000.
What is currently the cheapest priced home in Parsonsburg, MD?
The cheapest home for sale in Parsonsburg is priced at $26,305.

Living in Parsonsburg, MD

Parsonsburg, MD is a quaint community in Wicomico County that offers a peaceful rural lifestyle with close access to urban conveniences. It features friendly neighborhoods and beautiful natural surroundings. This area is perfect for families and individuals looking for a tranquil living environment.

Buyer vs Seller Market in Parsonsburg, MD

The real estate market in Parsonsburg is currently stable, with a steady demand for homes as the appeal of rural living continues to attract buyers. The average home price is competitive, making it an attractive option for first-time homebuyers and those seeking a quieter lifestyle.

Recent trends indicate that home values have seen moderate increases due to the area's growing popularity. New developments and renovations are becoming common as residents appreciate the charm and community feel of Parsonsburg.

Home Value Estimator For Parsonsburg, MD

There are currently 1,467 real estate properties in Parsonsburg, MD, with a median automated valuation model (AVM) price of $253,091.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Parsonsburg, 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 Parsonsburg, MD, is $278,749.00, with the most expensive house in Parsonsburg, MD, topping out at $2,754,000.00 and the cheapest home in Parsonsburg, MD, clocking in at $26,305.00. In other words, there’s something for every potential homebuyer or savvy investor in Parsonsburg, MD!

Rent Prices In Parsonsburg, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Parsonsburg, MD, is on a rollercoaster ride. The average rent price in Parsonsburg, MD, is $1,316.00. Indeed, when looking to rent in Parsonsburg, MD, you can expect to pay as little as $710.00 or as much as $2,700.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Parsonsburg, 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.

Parsonsburg, MD Foreclosures


Market Trend for Parsonsburg, MD

Total Listings Available: 3

Market Values:

Home Prices from $26,305 to $2,754,000

Average Sales Price: $278,749

Rental Values:

Rental from $710 to $2,700

Average Rent Value: $1,316 / month

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