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Cheap Homes in Chance, MD

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Chance, MD Foreclosures

How much do homes sell for in Chance, MD?
The average home price is currently $255,870.
What’s the average rental cost in Chance, MD?
The average rental price in Chance is $1,274.
What is the most expensive home in Chance?
The most expensive home sold in Chance had a price of $948,975.
What is currently the cheapest priced home in Chance, MD?
The cheapest home for sale in Chance is priced at $1,964.

Living in Chance, MD

Chance is a small, serene community located in Somerset County, Maryland. Known for its tranquil atmosphere and proximity to nature, this rural area is perfect for those seeking a peaceful lifestyle. It's characterized by scenic views and friendly neighbors, making it an ideal place for families and retirees alike.

Current Market Conditions in Chance, MD

The real estate market in Chance, MD has remained steady with a slight increase in home values over the past year. The demand for homes in rural areas has been on the rise, leading to more potential buyers looking for properties that offer both space and natural beauty.

As more people seek out properties that provide distance from urban centers, Chance has seen a growing interest from buyers looking to invest in vacation homes or permanent residences that allow for a great quality of life.

Home Value Estimator For Chance, MD

There are currently 258 real estate properties in Chance, MD, with a median automated valuation model (AVM) price of $216,003.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chance, 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 Chance, MD, is $255,870.00, with the most expensive house in Chance, MD, topping out at $948,975.00 and the cheapest home in Chance, MD, clocking in at $1,964.00. In other words, there’s something for every potential homebuyer or savvy investor in Chance, MD!

Rent Prices In Chance, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chance, MD, is on a rollercoaster ride. The average rent price in Chance, MD, is $1,274.00. Indeed, when looking to rent in Chance, MD, you can expect to pay as little as $780.00 or as much as $2,330.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Chance, 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.

Cheap Homes in Chance, MD


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