Dames Quarter, MD Foreclosures
How much do homes sell for in Dames Quarter, MD?
The average home price is currently $239,941.
What’s the average rental cost in Dames Quarter, MD?
The average rental price in Dames Quarter is $1,240.
What is the most expensive home in Dames Quarter?
The most expensive home sold in Dames Quarter had a price of $1,324,916.
What is currently the cheapest priced home in Dames Quarter, MD?
The cheapest home for sale in Dames Quarter is priced at $6,116.
Living in Dames Quarter, MD
Dames Quarter, MD is an appealing rural community in Somerset County known for its tranquil living and stunning natural surroundings. Residents have easy access to outdoor activities including fishing and hiking. This quaint area offers a tight-knit community atmosphere perfect for families and individuals seeking a peaceful lifestyle.
Current Market Conditions in Dames Quarter, MD
The real estate market in Dames Quarter has remained stable over the past year, with a moderate number of homes being listed and sold. The demand for homes in peaceful, rural areas has increased, aligning with a trend of buyers looking for space and nature, especially post-pandemic.
Current property prices reflect a healthy appreciation, and homes are generally on the market for a reasonable amount of time, drawing interest from both local and out-of-state buyers. Many properties are attracting offers above the asking price, especially desirable waterfront homes.
Home Value Estimator For Dames Quarter, MD
There are currently 84 real estate properties
in Dames Quarter, MD,
with a median automated valuation model (AVM) price
of $152,953.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Dames Quarter, 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 Dames Quarter, MD,
is $239,941.00, with the most expensive house
in Dames Quarter, MD, topping out
at $1,324,916.00 and the cheapest home
in Dames Quarter, MD,
clocking in at $6,116.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Dames Quarter, MD!
Rent Prices
In Dames Quarter, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Dames Quarter, MD, is on
a rollercoaster ride. The
average rent price in Dames Quarter, MD,
is $1,240.00. Indeed, when looking to rent in
Dames Quarter, MD, you can expect to pay as little
as $860.00 or as much
as $2,200.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Dames Quarter, 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
