Bel Air, MD Foreclosures
How much do homes sell for in Bel Air, MD?
The average home price is currently $503,846.
In Bel Air, MD, how many homes are available?
There are currently 3 active home listings available in Bel Air.
What’s the average rental cost in Bel Air, MD?
The average rental price in Bel Air is $1,927.
What is the most expensive home in Bel Air?
The most expensive home sold in Bel Air had a price of $121,344,768.
What is currently the cheapest priced home in Bel Air, MD?
The cheapest home for sale in Bel Air is priced at $12,523.
Living in Bel Air, MD
Bel Air, MD is a picturesque town known for its charming downtown, excellent schools, and abundant recreational parks. Residents enjoy a peaceful suburban lifestyle with convenient access to urban amenities in nearby Baltimore. The community is rich in tradition and hosts various events throughout the year.
Current Market Conditions in Bel Air, MD
Bel Air’s real estate market remains strong, characterized by a steady increase in home prices as demand continues to grow. Buyers are attracted to the area for its quality schools, safe neighborhoods, and an appealing lifestyle. The market is currently favoring sellers, with homes often receiving multiple offers, leading to competitive bidding situations.
The past few months have seen a slight increase in inventory, providing some breathing room for buyers who have been struggling in a tight market. As interest rates fluctuate, potential buyers are showing cautious optimism, leading to a balanced demand.
Home Value Estimator For Bel Air, MD
There are currently 25,513 real estate properties
in Bel Air, MD,
with a median automated valuation model (AVM) price
of $449,495.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bel Air, 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 Bel Air, MD,
is $503,846.00, with the most expensive house
in Bel Air, MD, topping out
at $121,344,768.00 and the cheapest home
in Bel Air, MD,
clocking in at $12,523.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bel Air, MD!
Rent Prices
In Bel Air, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bel Air, MD, is on
a rollercoaster ride. The
average rent price in Bel Air, MD,
is $1,927.00. Indeed, when looking to rent in
Bel Air, MD, you can expect to pay as little
as $920.00 or as much
as $5,360.00,
with the average rent median estimated to
be $1,860.00. The good news is that finding
an affordable and desirable property to rent in Bel Air, 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
