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Foreclosure Homes in Frostburg, MD 21532

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Frostburg, MD Foreclosures

How much do homes sell for in Frostburg, MD?
The average home price is currently $192,830.
In Frostburg, MD, how many homes are available?
There are currently 52 active home listings available in Frostburg.
What’s the average rental cost in Frostburg, MD?
The average rental price in Frostburg is $1,189.
What is the most expensive home in Frostburg?
The most expensive home sold in Frostburg had a price of $21,669,504.
What is currently the cheapest priced home in Frostburg, MD?
The cheapest home for sale in Frostburg is priced at $8,050.

Living in Frostburg, MD

Frostburg, MD, is a picturesque small town located in the Appalachian Mountains, offering a peaceful lifestyle surrounded by stunning natural beauty. Known for its historic charm and vibrant community, residents can enjoy outdoor activities such as hiking and skiing. With a rich sense of community and various local amenities, Frostburg provides a welcoming atmosphere for families and individuals alike.

Current Market Conditions in Frostburg, MD

Frostburg's real estate market has shown strength in recent months, with a steady increase in home sales and affordability attracting both first-time buyers and retirees. Homes in the area tend to sell relatively quickly due to the low inventory and high demand, particularly for single-family homes and townhouses.

As the area continues to grow, new developments are springing up, and the population is gradually increasing as more people discover the charm of Frostburg. Investors are also taking notice, as rental properties yield good returns due to the influx of students and faculty from Frostburg State University.

Home Value Estimator For Frostburg, MD

There are currently 5,097 real estate properties in Frostburg, MD, with a median automated valuation model (AVM) price of $157,388.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Frostburg, 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 Frostburg, MD, is $192,830.00, with the most expensive house in Frostburg, MD, topping out at $21,669,504.00 and the cheapest home in Frostburg, MD, clocking in at $8,050.00. In other words, there’s something for every potential homebuyer or savvy investor in Frostburg, MD!

Rent Prices In Frostburg, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Frostburg, MD, is on a rollercoaster ride. The average rent price in Frostburg, MD, is $1,189.00. Indeed, when looking to rent in Frostburg, MD, you can expect to pay as little as $480.00 or as much as $2,550.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Frostburg, 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.

Frostburg, MD 21532 Foreclosures


Market Trend for Frostburg, MD

Total Listings Available: 52

Market Values:

Home Prices from $8,050 to $21,669,504

Average Sales Price: $192,830

Rental Values:

Rental from $480 to $2,550

Average Rent Value: $1,189 / month

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