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Foreclosure Homes in Fairmount, MD

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Fairmount, MD Foreclosures

How much do homes sell for in Fairmount, MD?
The average home price is currently $351,547.
What’s the average rental cost in Fairmount, MD?
The average rental price in Fairmount is $1,614.
What is the most expensive home in Fairmount?
The most expensive home sold in Fairmount had a price of $1,491,393.
What is currently the cheapest priced home in Fairmount, MD?
The cheapest home for sale in Fairmount is priced at $38,105.

Living in Fairmount, MD

Fairmount, MD is a picturesque community that offers a peaceful suburban lifestyle with abundant outdoor activities and strong community ties. With excellent schools and amenities nearby, it's a perfect location for families and professionals alike. The area's natural beauty and convenient transport links make it a desirable place to live.

Current Market Conditions in Fairmount, MD

The real estate market in Fairmount is steadily growing, with a noticeable increase in home values over the past year. Properties are in demand, especially those offering spacious yards and access to nature, reflecting the rural charm of the area.

Investors and first-time home buyers are drawn to Fairmount for its appealing price points compared to nearby urban markets, making it an attractive spot for those looking to enter the housing market.

Home Value Estimator For Fairmount, MD

There are currently 20 real estate properties in Fairmount, MD, with a median automated valuation model (AVM) price of $207,465.00. 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, 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, MD, is $351,547.00, with the most expensive house in Fairmount, MD, topping out at $1,491,393.00 and the cheapest home in Fairmount, MD, clocking in at $38,105.00. In other words, there’s something for every potential homebuyer or savvy investor in Fairmount, MD!

Rent Prices In Fairmount, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fairmount, MD, is on a rollercoaster ride. The average rent price in Fairmount, MD, is $1,614.00. Indeed, when looking to rent in Fairmount, MD, you can expect to pay as little as $670.00 or as much as $2,450.00, with the average rent median estimated to be $1,550.00. The good news is that finding an affordable and desirable property to rent in Fairmount, 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.

Fairmount, MD Foreclosures


Market Trend for Fairmount, MD

Total Listings Available: 0

Market Values:

Home Prices from $38,105 to $1,491,393

Average Sales Price: $351,547

Rental Values:

Rental from $670 to $2,450

Average Rent Value: $1,614 / month

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