Funkstown, MD Foreclosures
How much do homes sell for in Funkstown, MD?
The average home price is currently $261,995.
In Funkstown, MD, how many homes are available?
There are currently 7 active home listings available in Funkstown.
What’s the average rental cost in Funkstown, MD?
The average rental price in Funkstown is $1,260.
What is the most expensive home in Funkstown?
The most expensive home sold in Funkstown had a price of $1,228,678.
What is currently the cheapest priced home in Funkstown, MD?
The cheapest home for sale in Funkstown is priced at $44,960.
Living in Funkstown, MD
Funkstown is a charming small town located just outside of Hagerstown, Maryland. Known for its tight-knit community and scenic surroundings, this location offers a quaint lifestyle with access to modern conveniences. Residents enjoy a mixture of historic architecture and family-friendly amenities, making it a desirable place to live for families and retirees alike.
Current Market Conditions in Funkstown, MD
The real estate market in Funkstown remains stable, with a slight increase in demand for homes over the past several months. The area attracts buyers looking for affordable housing outside of urban centers, leading to a competitive market with homes receiving multiple offers. Homes are generally selling within 30-45 days, and inventory levels are gradually tightening, indicating a strong seller's market.
Due to the town's family-friendly amenities and community events, Funkstown has emerged as an attractive option for first-time homebuyers and families seeking more space. As remote work becomes more common, many are drawn to the peaceful surroundings while still being close to employment opportunities in larger cities.
Home Value Estimator For Funkstown, MD
There are currently 316 real estate properties
in Funkstown, MD,
with a median automated valuation model (AVM) price
of $236,200.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Funkstown, 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 Funkstown, MD,
is $261,995.00, with the most expensive house
in Funkstown, MD, topping out
at $1,228,678.00 and the cheapest home
in Funkstown, MD,
clocking in at $44,960.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Funkstown, MD!
Rent Prices
In Funkstown, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Funkstown, MD, is on
a rollercoaster ride. The
average rent price in Funkstown, MD,
is $1,260.00. Indeed, when looking to rent in
Funkstown, MD, you can expect to pay as little
as $740.00 or as much
as $2,480.00,
with the average rent median estimated to
be $1,230.00. The good news is that finding
an affordable and desirable property to rent in Funkstown, 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.
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