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Foreclosure Homes in Edgewood, MD 21040

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Edgewood, MD Foreclosures

How much do homes sell for in Edgewood, MD?
The average home price is currently $320,714.
In Edgewood, MD, how many homes are available?
There are currently 65 active home listings available in Edgewood.
What’s the average rental cost in Edgewood, MD?
The average rental price in Edgewood is $1,540.
What is the most expensive home in Edgewood?
The most expensive home sold in Edgewood had a price of $33,373,362.
What is currently the cheapest priced home in Edgewood, MD?
The cheapest home for sale in Edgewood is priced at $25,030.

Living in Edgewood, MD

Edgewood, MD is a growing suburb known for its family-friendly atmosphere, excellent school options, and easy access to amenities. The area offers a balance of tranquility and convenience for residents, ideal for potential real estate investment. Outdoor spaces and local activities enhance the community's appeal.

Current Market Conditions in Edgewood, MD

The real estate market in Edgewood, MD, is currently on the rise, with a steady increase in property values and demand for homes. Investors can find a mix of single-family homes and townhouses, providing opportunities for both rental properties and long-term investment.

Buyers are attracted to Edgewood for its affordability compared to neighboring areas, and as developments continue to flourish, the potential for appreciation in property values makes this an opportune time for investment.

Home Value Estimator For Edgewood, MD

There are currently 7,107 real estate properties in Edgewood, MD, with a median automated valuation model (AVM) price of $256,742.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Edgewood, 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 Edgewood, MD, is $320,714.00, with the most expensive house in Edgewood, MD, topping out at $33,373,362.00 and the cheapest home in Edgewood, MD, clocking in at $25,030.00. In other words, there’s something for every potential homebuyer or savvy investor in Edgewood, MD!

Rent Prices In Edgewood, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Edgewood, MD, is on a rollercoaster ride. The average rent price in Edgewood, MD, is $1,540.00. Indeed, when looking to rent in Edgewood, MD, you can expect to pay as little as $870.00 or as much as $4,100.00, with the average rent median estimated to be $1,530.00. The good news is that finding an affordable and desirable property to rent in Edgewood, 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.

Edgewood, MD 21040 Foreclosures


Market Trend for Edgewood, MD

Total Listings Available: 65

Market Values:

Home Prices from $25,030 to $33,373,362

Average Sales Price: $320,714

Rental Values:

Rental from $870 to $4,100

Average Rent Value: $1,540 / month

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