Bel Air, MD Foreclosures
How much do homes sell for in Bel Air, MD?
The average home price is currently $506,493.
In Bel Air, MD, how many homes are available?
There are currently 205 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 $123,456,096.
What is currently the cheapest priced home in Bel Air, MD?
The cheapest home for sale in Bel Air is priced at $12,728.
Living in Bel Air, MD
Bel Air, MD, is a lovely suburban community that offers a variety of local amenities and recreation options for families and individuals. With a rich history and community-focused events, residents enjoy a high quality of life. Outdoor activities abound, making it a perfect place for nature lovers and families alike.
Current Market Conditions in Bel Air, MD
The real estate market in Bel Air, MD, has shown steady growth in recent years, driven by demand from families seeking a safe and welcoming environment. The area has witnessed a stable increase in home values, reflecting the desirability of the community and its amenities.
New developments are emerging, with many families looking to settle down in single-family homes with yards, while townhomes also attract first-time buyers and those looking to downsize. Overall, the market remains competitive, with homes selling quickly due to the limited inventory.
Home Value Estimator For Bel Air, MD
There are currently 25,298 real estate properties
in Bel Air, MD,
with a median automated valuation model (AVM) price
of $453,373.00. 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 $506,493.00, with the most expensive house
in Bel Air, MD, topping out
at $123,456,096.00 and the cheapest home
in Bel Air, MD,
clocking in at $12,728.00. 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
