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Preforeclosure 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 $320,984.
In Edgewood, MD, how many homes are available?
There are currently 15 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 $34,077,714.
What is currently the cheapest priced home in Edgewood, MD?
The cheapest home for sale in Edgewood is priced at $25,647.

Living in Edgewood, MD

Edgewood, MD offers an appealing combination of suburban charm and urban convenience. It boasts quality schools, ample recreational spaces, and a close-knit community spirit. Residents enjoy various amenities and services, making it an exceptional place for families and professionals alike.

Current Market Conditions in Edgewood, MD

The current real estate market in Edgewood, MD shows signs of a stable and growing environment. With an average home price around $300,000, the market remains accessible for first-time buyers while also appealing to investors looking for rental properties. Sales activity has been fairly consistent, and properties typically sell within a month, indicating a healthy demand for homes in the area.

Demand for housing in Edgewood has increased due to its strategic location near larger cities and competitive pricing compared to surrounding neighborhoods. The influx of new businesses and continuous community development further create an attractive market for buyers and investors.

Home Value Estimator For Edgewood, MD

There are currently 7,113 real estate properties in Edgewood, MD, with a median automated valuation model (AVM) price of $255,978.00. 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 $320,984.00, with the most expensive house in Edgewood, MD, topping out at $34,077,714.00 and the cheapest home in Edgewood, MD, clocking in at $25,647.00. 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 Preforeclosure Homes

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