Bowie, MD Foreclosures
How much do homes sell for in Bowie, MD?
The average home price is currently $573,212.
In Bowie, MD, how many homes are available?
There are currently 76 active home listings available in Bowie.
What’s the average rental cost in Bowie, MD?
The average rental price in Bowie is $2,647.
What is the most expensive home in Bowie?
The most expensive home sold in Bowie had a price of $108,588,884.
What is currently the cheapest priced home in Bowie, MD?
The cheapest home for sale in Bowie is priced at $17,072.
Living in Bowie, MD
Bowie, MD is a thriving suburban city with a robust local economy, extensive recreational parkways, and delightful community events. Situated close to the capital, it offers an excellent quality of life coupled with easy access to urban amenities. Families appreciate its exemplary schools and vibrant neighborhoods.
Current Market Conditions in Bowie, MD
The real estate market in Bowie, MD is currently witnessing a steady demand, with various properties available for buyers and renters alike. The market is characterized by a mix of single-family homes, townhouses, and condominiums, appealing to a diverse array of buyers. Bowie is also seeing an influx of new constructions, indicating a growth trend in the area, which is attractive for both potential homeowners and investors.
Currently, the Bowie real estate market remains competitive. Homes are selling at a consistent pace, with many listings attracting multiple offers. This high demand indicates a healthy market with growing interest, primarily driven by Bowie’s desirable location, community features, and school ratings.
Home Value Estimator For Bowie, MD
There are currently 36,937 real estate properties
in Bowie, MD,
with a median automated valuation model (AVM) price
of $506,782.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bowie, 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 Bowie, MD,
is $573,212.00, with the most expensive house
in Bowie, MD, topping out
at $108,588,884.00 and the cheapest home
in Bowie, MD,
clocking in at $17,072.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bowie, MD!
Rent Prices
In Bowie, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bowie, MD, is on
a rollercoaster ride. The
average rent price in Bowie, MD,
is $2,647.00. Indeed, when looking to rent in
Bowie, MD, you can expect to pay as little
as $940.00 or as much
as $5,820.00,
with the average rent median estimated to
be $2,520.00. The good news is that finding
an affordable and desirable property to rent in Bowie, 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
