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Foreclosures in Arbutus, MD 21227

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Arbutus, MD Foreclosures

How much do homes sell for in Arbutus, MD?
The average home price is currently $636,567.
What’s the average rental cost in Arbutus, MD?
The average rental price in Arbutus is $1,856.
What is the most expensive home in Arbutus?
The most expensive home sold in Arbutus had a price of $5,259,293.
What is currently the cheapest priced home in Arbutus, MD?
The cheapest home for sale in Arbutus is priced at $215,606.

Living in Arbutus, MD

Arbutus, MD is a cozy suburban neighborhood situated close to Baltimore with a rich community spirit. The area boasts access to beautiful parks and recreational activities alongside various local amenities. Notably, its convenient public transport options make commuting easy for residents.

Current Market Conditions in Arbutus, MD

The real estate market in Arbutus is currently experiencing a competitive phase, with properties seeing an uptick in demand due to their appealing location near Baltimore. Residents are attracted to the moderate price range and community-centric lifestyle that Arbutus offers.

Over the past month, there has been an increase in home sales, driven by low inventory levels and favorable interest rates for buyers. The average days on the market for homes has decreased, indicating a quicker turnover in listings.

Home Value Estimator For Arbutus, MD

There are currently 52 real estate properties in Arbutus, MD, with a median automated valuation model (AVM) price of $438,958.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Arbutus, 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 Arbutus, MD, is $636,567.00, with the most expensive house in Arbutus, MD, topping out at $5,259,293.00 and the cheapest home in Arbutus, MD, clocking in at $215,606.00. In other words, there’s something for every potential homebuyer or savvy investor in Arbutus, MD!

Rent Prices In Arbutus, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Arbutus, MD, is on a rollercoaster ride. The average rent price in Arbutus, MD, is $1,856.00. Indeed, when looking to rent in Arbutus, MD, you can expect to pay as little as $1,530.00 or as much as $2,220.00, with the average rent median estimated to be $1,850.00. The good news is that finding an affordable and desirable property to rent in Arbutus, 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.

Arbutus, MD 21227 Foreclosures

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