Drayden, MD Foreclosures
How much do homes sell for in Drayden, MD?
The average home price is currently $578,578.
What’s the average rental cost in Drayden, MD?
The average rental price in Drayden is $1,897.
What is the most expensive home in Drayden?
The most expensive home sold in Drayden had a price of $2,106,689.
What is currently the cheapest priced home in Drayden, MD?
The cheapest home for sale in Drayden is priced at $25,130.
Living in Drayden, MD
Drayden, MD is a serene rural community with stunning waterfront views along the Potomac River. It blends natural beauty with a friendly atmosphere, making it an ideal place for families and retirees alike. Residents enjoy access to outdoor activities while being a short drive from nearby towns.
Current Market Conditions in Drayden, MD
The real estate market in Drayden, MD has shown steady growth over the past year, with a noticeable increase in buyer interest, especially for waterfront properties. The competitive landscape indicates a desire for homes that offer both tranquility and proximity to nature, reflecting a shift in buyer priorities toward spacious living environments post-pandemic.
Current average home prices have risen by approximately 10% compared to last year, indicating a healthy appreciation in property values. The inventory levels remain low, primarily due to the area's limited housing supply, which continues to fuel demand.
Home Value Estimator For Drayden, MD
There are currently 234 real estate properties
in Drayden, MD,
with a median automated valuation model (AVM) price
of $564,841.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Drayden, 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 Drayden, MD,
is $578,578.00, with the most expensive house
in Drayden, MD, topping out
at $2,106,689.00 and the cheapest home
in Drayden, MD,
clocking in at $25,130.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Drayden, MD!
Rent Prices
In Drayden, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Drayden, MD, is on
a rollercoaster ride. The
average rent price in Drayden, MD,
is $1,897.00. Indeed, when looking to rent in
Drayden, MD, you can expect to pay as little
as $920.00 or as much
as $3,110.00,
with the average rent median estimated to
be $1,830.00. The good news is that finding
an affordable and desirable property to rent in Drayden, 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
