Foreclosure Homes in Aberdeen, MD 21001

Current Market Conditions in Aberdeen, MD

Aberdeen's real estate market has recently seen a steady increase in home values, reflecting a growing demand and limited inventory. The median home prices have increased by approximately 5% over the past year, indicating a healthy market where buyers are actively seeking homes. The affordability in comparison to nearby urban areas has attracted many new residents, contributing to the market's growth.

The rental market in Aberdeen has also strengthened, with a noticeable rise in rental prices, driven by the influx of new tenants seeking affordable housing near Baltimore. This trend suggests that the area continues to be an attractive option for investors and homeowners alike.

Rent Prices In Aberdeen, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Aberdeen, MD, is on a rollercoaster ride. The average rent price in Aberdeen, MD, is $1,641.00. Indeed, when looking to rent in Aberdeen, MD, you can expect to pay as little as $690.00 or as much as $3,260.00, with the average rent median estimated to be $1,600.00. The good news is that finding an affordable and desirable property to rent in Aberdeen, 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.