Brooklyn, MD Foreclosures
How much do homes sell for in Brooklyn, MD?
The average home price is currently $391,538.
In Brooklyn, MD, how many homes are available?
There are currently 4 active home listings available in Brooklyn.
What’s the average rental cost in Brooklyn, MD?
The average rental price in Brooklyn is $1,687.
What is the most expensive home in Brooklyn?
The most expensive home sold in Brooklyn had a price of $669,574.
What is currently the cheapest priced home in Brooklyn, MD?
The cheapest home for sale in Brooklyn is priced at $151,588.
Living in Brooklyn, MD
Brooklyn, MD is a thriving community near Baltimore, offering a friendly atmosphere with convenient access to local amenities and superb schools. The area supports a balanced lifestyle with ample recreational activities, making it ideal for families and professionals alike.
Current Market Conditions in Brooklyn, MD
The real estate market in Brooklyn, MD has seen a steady increase in demand due to its proximity to Baltimore and affordable housing options. Investors are drawn to the area thanks to its potential for appreciation and rental income, making it an excellent opportunity for both new and seasoned investors.
While prices are still reasonable, market trends indicate a growing interest in the area, leading to forecasted increases in property values over the coming years. This is a prime location for investment as the community continues to develop and attract new residents.
Home Value Estimator For Brooklyn, MD
There are currently 173 real estate properties
in Brooklyn, MD,
with a median automated valuation model (AVM) price
of $395,856.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Brooklyn, 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 Brooklyn, MD,
is $391,538.00, with the most expensive house
in Brooklyn, MD, topping out
at $669,574.00 and the cheapest home
in Brooklyn, MD,
clocking in at $151,588.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Brooklyn, MD!
Rent Prices
In Brooklyn, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Brooklyn, MD, is on
a rollercoaster ride. The
average rent price in Brooklyn, MD,
is $1,687.00. Indeed, when looking to rent in
Brooklyn, MD, you can expect to pay as little
as $1,090.00 or as much
as $2,250.00,
with the average rent median estimated to
be $1,760.00. The good news is that finding
an affordable and desirable property to rent in Brooklyn, 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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