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Cheap Homes in Galena, MD

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Galena, MD Foreclosures

How much do homes sell for in Galena, MD?
The average home price is currently $491,068.
What’s the average rental cost in Galena, MD?
The average rental price in Galena is $1,388.
What is the most expensive home in Galena?
The most expensive home sold in Galena had a price of $6,116,535.
What is currently the cheapest priced home in Galena, MD?
The cheapest home for sale in Galena is priced at $16,530.

Living in Galena, MD

Galena, MD is a quaint small town perfect for those seeking a peaceful lifestyle surrounded by nature. Known for its historic charm and community spirit, it offers a low-key atmosphere while still being close to larger urban areas. From outdoor activities along the Sassafras River to family-friendly parks, Galena embodies the charm of rural living.

Current Market Conditions in Galena, MD

The real estate market in Galena has shown a steady demand for homes over the past few years, with a growing interest from buyers seeking a quiet, rural lifestyle. The community's appeal lies in its affordability and the scenic beauty of Maryland's Eastern Shore. Recent developments have indicated a slight increase in property values as more people discover the benefits of living in this picturesque area.

Home sales in Galena have been driven by a mix of first-time buyers and retirees looking for a peaceful environment. The market has witnessed an influx of new listings in recent months, providing options for buyers at various price points.

Home Value Estimator For Galena, MD

There are currently 836 real estate properties in Galena, MD, with a median automated valuation model (AVM) price of $358,049.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Galena, 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 Galena, MD, is $491,068.00, with the most expensive house in Galena, MD, topping out at $6,116,535.00 and the cheapest home in Galena, MD, clocking in at $16,530.00. In other words, there’s something for every potential homebuyer or savvy investor in Galena, MD!

Rent Prices In Galena, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Galena, MD, is on a rollercoaster ride. The average rent price in Galena, MD, is $1,388.00. Indeed, when looking to rent in Galena, MD, you can expect to pay as little as $790.00 or as much as $2,380.00, with the average rent median estimated to be $1,370.00. The good news is that finding an affordable and desirable property to rent in Galena, 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.

Cheap Homes in Galena, MD


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