Cheverly, MD Foreclosures
Current Market Conditions in in Cheverly, MD As of February 2026?
In the past month, Cheverly's real estate market has shown increased activity with new listings coming onto the market. Several properties have sold quickly, often above the asking price, highlighting the competitive nature of this suburban area. Despite national economic uncertainties, the local demand remains robust, attracting diverse buyers eager to settle in this well-connected community. Buyers are particularly drawn to the affordability compared to nearby urban areas, leading to a sense of urgency in making offers.
How much do homes sell for in Cheverly, MD?
The average home price is currently $518,071.
In Cheverly, MD, how many homes are available?
There are currently 9 active home listings available in Cheverly.
What’s the average rental cost in Cheverly, MD?
The average rental price in Cheverly is $2,143.
What is the most expensive home in Cheverly?
The most expensive home sold in Cheverly had a price of $28,966,331.
What is currently the cheapest priced home in Cheverly, MD?
The cheapest home for sale in Cheverly is priced at $37,943.
Living in Cheverly, MD
Cheverly, MD, is a charming suburban town known for its strong community spirit, proximity to D.C., and family-friendly amenities. The area is rich in parks and green spaces, and boasts a variety of local shops and restaurants. With excellent schools and easy access to public transportation, Cheverly is an appealing destination for families and commuters alike.
Buyer vs Seller Market in Cheverly, MD
The real estate market in Cheverly is currently experiencing a steady demand, driven by its desirable location and reputation as a family-friendly community. Buyers are showing interest in single-family homes, townhouses, and modern condos, resulting in competitive bidding in some neighborhoods. The market remains favorable for sellers due to low inventory and rising home values.
Trend analysis indicates that Cheverly has seen a consistent increase in home prices over the past year, bolstered by the area's accessibility to Washington, D.C., and its strong sense of community. With ongoing development plans and sustained interest among buyers, the local market outlook is optimistic.
Home Value Estimator For Cheverly, MD
There are currently 1,843 real estate properties
in Cheverly, MD,
with a median automated valuation model (AVM) price
of $470,519.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cheverly, 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 Cheverly, MD,
is $518,071.00, with the most expensive house
in Cheverly, MD, topping out
at $28,966,331.00 and the cheapest home
in Cheverly, MD,
clocking in at $37,943.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cheverly, MD!
Rent Prices
In Cheverly, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cheverly, MD, is on
a rollercoaster ride. The
average rent price in Cheverly, MD,
is $2,143.00. Indeed, when looking to rent in
Cheverly, MD, you can expect to pay as little
as $1,390.00 or as much
as $3,160.00,
with the average rent median estimated to
be $2,110.00. The good news is that finding
an affordable and desirable property to rent in Cheverly, 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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