Living in Edgemere, MD
Edgemere, MD is a serene waterfront community located just outside of Baltimore. Known for its picturesque views and outdoor recreational opportunities, it offers a tranquil lifestyle with easy access to urban amenities. Families appreciate the strong sense of community and affordable housing options available in the area.
Current Market Conditions in Edgemere, MD
The Edgemere real estate market is currently thriving, with a steady increase in home values over the past year. As more homebuyers seek affordable options close to the water, demand for properties in this area has remained strong. The combination of a desirable location and a variety of housing types, from single-family homes to townhouses, makes Edgemere a popular choice among buyers.
In recent months, competition among homebuyers has intensified, leading to multiple offer situations on many properties. Sellers are seeing favorable prices, and the average days on the market have decreased significantly, indicating a hot market. While prices have risen, there are still opportunities for buyers to find reasonable investment options.
Home Value Estimator For Edgemere, MD
There are currently 128 real estate properties
in Edgemere, MD,
with a median automated valuation model (AVM) price
of $443,749.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Edgemere, 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 Edgemere, MD,
is $553,246.00, with the most expensive house
in Edgemere, MD, topping out
at $11,378,580.00 and the cheapest home
in Edgemere, MD,
clocking in at $102,466.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Edgemere, MD!
Rent Prices
In Edgemere, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Edgemere, MD, is on
a rollercoaster ride. The
average rent price in Edgemere, MD,
is $1,689.00. Indeed, when looking to rent in
Edgemere, MD, you can expect to pay as little
as $1,290.00 or as much
as $2,360.00,
with the average rent median estimated to
be $1,700.00. The good news is that finding
an affordable and desirable property to rent in Edgemere, 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
