Fairmount Heights, MD Foreclosures
How much do homes sell for in Fairmount Heights, MD?
The average home price is currently $348,956.
In Fairmount Heights, MD, how many homes are available?
There are currently 1 active home listings available in Fairmount Heights.
What’s the average rental cost in Fairmount Heights, MD?
The average rental price in Fairmount Heights is $1,901.
What is the most expensive home in Fairmount Heights?
The most expensive home sold in Fairmount Heights had a price of $856,600.
What is currently the cheapest priced home in Fairmount Heights, MD?
The cheapest home for sale in Fairmount Heights is priced at $37,556.
Living in Fairmount Heights, MD
Fairmount Heights, MD, is a charming suburban community known for its friendly atmosphere and strong sense of local identity. With parks, schools, and access to public transportation, it's an ideal place for families and professionals alike. Residents enjoy the blend of outdoor activities and close proximity to Washington, D.C.
Current Market Conditions in Fairmount Heights, MD
The real estate market in Fairmount Heights has shown stability over the past year, with a steady increase in home values and demand. The neighborhood's appeal to families and professionals has contributed to a competitive market, with homes selling relatively quickly. Prospective buyers should be prepared for a bustling real estate environment.
Current trends indicate a growing interest in affordable housing options and family-oriented developments. Many new families are moving into the area, seeking parks and community amenities, which bodes well for future market growth.
Home Value Estimator For Fairmount Heights, MD
There are currently 687 real estate properties
in Fairmount Heights, MD,
with a median automated valuation model (AVM) price
of $357,241.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fairmount Heights, 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 Fairmount Heights, MD,
is $348,956.00, with the most expensive house
in Fairmount Heights, MD, topping out
at $856,600.00 and the cheapest home
in Fairmount Heights, MD,
clocking in at $37,556.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fairmount Heights, MD!
Rent Prices
In Fairmount Heights, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fairmount Heights, MD, is on
a rollercoaster ride. The
average rent price in Fairmount Heights, MD,
is $1,901.00. Indeed, when looking to rent in
Fairmount Heights, MD, you can expect to pay as little
as $990.00 or as much
as $3,310.00,
with the average rent median estimated to
be $1,850.00. The good news is that finding
an affordable and desirable property to rent in Fairmount Heights, 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
