Galesville, MD Foreclosures
How much do homes sell for in Galesville, MD?
The average home price is currently $722,815.
In Galesville, MD, how many homes are available?
There are currently 1,102 active home listings available in Galesville.
What’s the average rental cost in Galesville, MD?
The average rental price in Galesville is $2,163.
What is the most expensive home in Galesville?
The most expensive home sold in Galesville had a price of $7,398,972.
What is currently the cheapest priced home in Galesville, MD?
The cheapest home for sale in Galesville is priced at $12,840.
Living in Galesville, MD
Galesville, Maryland, is a charming waterfront community that boasts a peaceful lifestyle surrounded by nature. With a rich history, this quaint town is ideal for those looking to enjoy outdoor activities and community-focused living. Its proximity to the West River and local amenities makes it a desirable location for families and individuals alike.
Current Market Conditions in Galesville, MD
The real estate market in Galesville has remained stable over the past quarter, with a gradual increase in home prices due to the area's desirable waterfront and community amenities. Inventory is low, which has led to competitive bidding situations on well-priced homes. Buyers are particularly interested in properties with direct water access, reflecting the community's appeal. Currently, homes are selling at a brisk pace, giving sellers a good advantage.
One of the emerging trends in Galesville's real estate market is the demand for more modern homes that still maintain the town's historical charm. Many buyers are looking for homes that offer eco-friendly features or energy-efficient upgrades. As more individuals seek serene living away from busy urban centers, Galesville stands out as an attractive option, particularly for those commuting to nearby Annapolis or Washington D.C.
Home Value Estimator For Galesville, MD
There are currently 242 real estate properties
in Galesville, MD,
with a median automated valuation model (AVM) price
of $552,955.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Galesville, 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 Galesville, MD,
is $722,815.00, with the most expensive house
in Galesville, MD, topping out
at $7,398,972.00 and the cheapest home
in Galesville, MD,
clocking in at $12,840.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Galesville, MD!
Rent Prices
In Galesville, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Galesville, MD, is on
a rollercoaster ride. The
average rent price in Galesville, MD,
is $2,163.00. Indeed, when looking to rent in
Galesville, MD, you can expect to pay as little
as $1,260.00 or as much
as $4,520.00,
with the average rent median estimated to
be $2,140.00. The good news is that finding
an affordable and desirable property to rent in Galesville, 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.