Reasons to Move to Prince Georges County, MD
Prospective homebuyers are clearly taking advantage of the current interest rates and numerous government assistance programs. These interest rates mean homebuyers in Prince Georges County can now afford much more house for the same monthly payment compared to when rates are higher. Motivated and opportunistic sellers in Prince Georges County can field multiple offers from more qualified buyers, making it a dynamic market for both buyers and sellers.
What type of property to buy in Prince Georges County,
Our extensive database in Prince Georges County includes 52 preforeclosures, foreclosure auction properties, bankruptcies, REOs (real estate owned by lenders), and properties from HUD, VA, Fannie Mae, and other government agencies in Prince Georges County. We also feature listings from over 100 corporate sellers. Our information is updated daily, sourced directly from these entities, ensuring you receive the freshest and most accurate data. This meticulously compiled and organized collection makes your search as straightforward as possible. Only www.foreclosure.com offers this unparalleled, trustworthy resource, backed by our commitment to providing expert, authoritative, and up-to-date information. Visit our FAQ section to read more about the different listing types and how to purchase them.
Pros and Cons of Living in Prince Georges County, MD
How do you know that living in—or moving to— Prince Georges County is the right choice for you? Perhaps you grew up in Prince Georges County or already live nearby, making the decision to buy a home here a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Prince Georges County for work or just looking for a fresh start, understanding the neighborhood from afar (online) can be challenging and exhausting.
Here are some expert tips to consider when shopping for foreclosed homes for sale in Prince Georges County:
- Neighborhood Environment: Do you prefer a suburban, urban, or rural setting?
- Shopping and Dining: What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local), and businesses (small, big, mixed) would you like nearby?
- Leisure Activities: What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
- Commute: What type of commute (car, plane, home office) suits your lifestyle?
Creating a "Pros vs. Cons" list of what you need in a home and neighborhood is always a helpful step in making an informed decision. With expert insights and up-to-date market data from foreclosure.com, you can confidently explore the opportunities in Prince Georges County, .
Upper Marlboro, MD Foreclosures
How much do homes sell for in Upper Marlboro, MD?
The average home price is currently $553,624.
In Upper Marlboro, MD, how many homes are available?
There are currently 52 active home listings available in Upper Marlboro.
What’s the average rental cost in Upper Marlboro, MD?
The average rental price in Upper Marlboro is $2,577.
What is the most expensive home in Upper Marlboro?
The most expensive home sold in Upper Marlboro had a price of $115,512,720.
What is currently the cheapest priced home in Upper Marlboro, MD?
The cheapest home for sale in Upper Marlboro is priced at $14,006.
Living in Upper Marlboro, MD
Upper Marlboro is a vibrant and growing community located in Prince George's County, Maryland. The area is known for its rich history, suburban charm, and easy access to major highways. Residents enjoy a blend of suburban living with close proximity to the hustle and bustle of Washington D.C., making it a convenient place to live for commuters.
Current Market Conditions in Upper Marlboro, MD
The real estate market in Upper Marlboro shows consistent growth with increased demand for both single-family homes and townhouses. The neighborhood has attracted first-time home buyers and families seeking more space away from the urban core. Recent developments have also contributed positively to the housing market, adding modern amenities and community features.
Sales in Upper Marlboro have been strong, with properties typically selling within 30-45 days on the market. The average home price in this area has seen an increase, largely due to the influx of buyers looking for affordable yet spacious homes compared to neighboring regions.
Home Value Estimator For Upper Marlboro, MD
There are currently 39,790 real estate properties
in Upper Marlboro, MD,
with a median automated valuation model (AVM) price
of $470,885.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Upper Marlboro, 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 Upper Marlboro, MD,
is $553,624.00, with the most expensive house
in Upper Marlboro, MD, topping out
at $115,512,720.00 and the cheapest home
in Upper Marlboro, MD,
clocking in at $14,006.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Upper Marlboro, MD!
Rent Prices
In Upper Marlboro, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Upper Marlboro, MD, is on
a rollercoaster ride. The
average rent price in Upper Marlboro, MD,
is $2,577.00. Indeed, when looking to rent in
Upper Marlboro, MD, you can expect to pay as little
as $990.00 or as much
as $7,720.00,
with the average rent median estimated to
be $2,530.00. The good news is that finding
an affordable and desirable property to rent in Upper Marlboro, 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
