Cavetown, MD Foreclosures
How much do homes sell for in Cavetown, MD?
The average home price is currently $286,790.
What’s the average rental cost in Cavetown, MD?
The average rental price in Cavetown is $1,307.
What is the most expensive home in Cavetown?
The most expensive home sold in Cavetown had a price of $771,845.
What is currently the cheapest priced home in Cavetown, MD?
The cheapest home for sale in Cavetown is priced at $138,842.
Living in Cavetown, MD
Cavetown, nestled in Washington County, Maryland, is a charming and tranquil community surrounded by rolling hills and picturesque landscapes. Known for its close-knit community atmosphere, it offers residents a peaceful lifestyle with a variety of outdoor activities. With a blend of history, nature, and accessibility, Cavetown is ideal for families and individuals seeking a quiet retreat while still being near urban conveniences.
Current Market Conditions in Cavetown, MD
Cavetown's real estate market has been steadily appreciating, with a significant rise in demand over the past year. There is a healthy mix of home types available, from quaint single-family homes to larger properties with land, appealing to a diverse demographic looking for both starter homes and investments.
As of this past month, home prices have shown signs of increasing, indicating a competitive market. Buyers are encouraged to act quickly due to limited inventory, which is typical for this area, given its desirable living conditions and family-friendly environment.
Home Value Estimator For Cavetown, MD
There are currently 64 real estate properties
in Cavetown, MD,
with a median automated valuation model (AVM) price
of $262,725.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cavetown, 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 Cavetown, MD,
is $286,790.00, with the most expensive house
in Cavetown, MD, topping out
at $771,845.00 and the cheapest home
in Cavetown, MD,
clocking in at $138,842.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cavetown, MD!
Rent Prices
In Cavetown, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cavetown, MD, is on
a rollercoaster ride. The
average rent price in Cavetown, MD,
is $1,307.00. Indeed, when looking to rent in
Cavetown, MD, you can expect to pay as little
as $1,010.00 or as much
as $1,800.00,
with the average rent median estimated to
be $1,280.00. The good news is that finding
an affordable and desirable property to rent in Cavetown, 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
