Foreclosure Homes in Aberdeen, MD

Current Market Conditions in Aberdeen, MD

Aberdeen's real estate market has shown resilience and gradual growth over the past year. Home values have been steadily appreciating due to increased interest from buyers attracted to the area’s affordable housing and quality of life. The market has been competitive, especially for single-family homes, as many buyers are looking to move out of more urban environments due to the pandemic-induced lifestyle changes.

The current market favors sellers, with an uptick in bidding wars and homes often selling above list price. There has been a noticeable decrease in inventory, leading to a tighter market, but analysts expect that further construction and development in the area will help meet the demand.

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.