Bloomington, MD Foreclosures
How much do homes sell for in Bloomington, MD?
The average home price is currently $100,836.
What’s the average rental cost in Bloomington, MD?
The average rental price in Bloomington is $1,057.
What is the most expensive home in Bloomington?
The most expensive home sold in Bloomington had a price of $367,781.
What is currently the cheapest priced home in Bloomington, MD?
The cheapest home for sale in Bloomington is priced at $30,790.
Living in Bloomington, MD
Bloomington, MD, is a peaceful and picturesque community situated in Garrett County. Known for its natural beauty and outdoor recreational opportunities, the area offers a strong sense of community. Residents enjoy local amenities, mild weather, and a safe environment, making it an attractive place for home investment.
Current Market Conditions in Bloomington, MD
The real estate market in Bloomington is currently showing signs of growth, with an increasing interest from homebuyers seeking serene environments near nature. Home values have been steadily rising, providing a promising investment opportunity for real estate investors.
With limited inventory and increasing demand, this small community is projected to remain favorable for sellers and investors alike. The charm and outdoor accessibility of Bloomington make it an appealing choice, drawing more people to consider relocating to the area.
Home Value Estimator For Bloomington, MD
There are currently 125 real estate properties
in Bloomington, MD,
with a median automated valuation model (AVM) price
of $93,182.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bloomington, 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 Bloomington, MD,
is $100,836.00, with the most expensive house
in Bloomington, MD, topping out
at $367,781.00 and the cheapest home
in Bloomington, MD,
clocking in at $30,790.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bloomington, MD!
Rent Prices
In Bloomington, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bloomington, MD, is on
a rollercoaster ride. The
average rent price in Bloomington, MD,
is $1,057.00. Indeed, when looking to rent in
Bloomington, MD, you can expect to pay as little
as $760.00 or as much
as $1,720.00,
with the average rent median estimated to
be $1,050.00. The good news is that finding
an affordable and desirable property to rent in Bloomington, 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.
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