Funkstown, MD Foreclosures
How much do homes sell for in Funkstown, MD?
The average home price is currently $269,862.
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 $1,225,559.
What is currently the cheapest priced home in Funkstown, MD?
The cheapest home for sale in Funkstown is priced at $45,378.
Living in Funkstown, MD
Funkstown, MD is a quaint and picturesque small town that offers a welcoming community atmosphere. With rich historical roots, beautiful parks, and a variety of local amenities, Funkstown is perfect for families and individuals looking for a peaceful place to live. Plus, its close proximity to Hagerstown provides easy access to more urban conveniences.
Current Market Conditions in Funkstown, MD
The current real estate market in Funkstown shows a stable trend, with properties attracting interest due to their historical charm and affordability compared to surrounding areas. Buyers are increasingly seeking homes with character and space for outdoor activities, making Funkstown an attractive option for many first-time homebuyers and retirees alike.
Over the past few months, Funkstown has seen slight price increases in residential properties, signaling a growing demand. Homes that are well-maintained and in desirable locations tend to sell quickly, and multiple offer situations are not uncommon, particularly for homes under $300,000.
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 $245,860.00. 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 $269,862.00, with the most expensive house
in Funkstown, MD, topping out
at $1,225,559.00 and the cheapest home
in Funkstown, MD,
clocking in at $45,378.00. 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.