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Condo Foreclosures in Garrett Park, MD

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Garrett Park, MD Foreclosures

Current Market Conditions in in Garrett Park, MD As of April 2026?
Over the past month, Garrett Park's real estate market has remained stable, with slight fluctuations in home prices compared to the previous month. While inventory levels are low, homes are selling quickly, often within days of listing. Interest rates have had a marginal impact, but demand continues to trend upward, primarily among young families and professionals seeking a quiet community proximate to the city.
How much do homes sell for in Garrett Park, MD?
The average home price is currently $1,074,164.
In Garrett Park, MD, how many homes are available?
There are currently 126 active home listings available in Garrett Park.
What’s the average rental cost in Garrett Park, MD?
The average rental price in Garrett Park is $3,186.
What is the most expensive home in Garrett Park?
The most expensive home sold in Garrett Park had a price of $2,440,060.
What is currently the cheapest priced home in Garrett Park, MD?
The cheapest home for sale in Garrett Park is priced at $30,348.

Living in Garrett Park, MD

Garrett Park is a quaint, charming community located in Montgomery County, Maryland. Known for its picturesque neighborhoods and close-knit atmosphere, it offers a uniquely rural feel while being close to urban amenities. Residents enjoy easy access to parks, local shops, and outstanding schools, making it an ideal place for families and individuals alike.

Buyer vs Seller Market in Garrett Park, MD

The real estate market in Garrett Park is currently experiencing moderate growth, with a balanced mix of supply and demand. Homes in the area are in high demand due to the community's appeal with families and professionals looking for a suburban lifestyle close to D.C. The average home sale price in Garrett Park has seen a steady increase over the past several years, reflecting the desire to live in this well-regarded neighborhood.

New developments and renovations have also contributed positively, attracting more buyers. Unlike many neighboring towns, Garrett Park maintains a unique charm, preserving its historical homes and community spirit, which continues to draw people to the market.

Home Value Estimator For Garrett Park, MD

There are currently 373 real estate properties in Garrett Park, MD, with a median automated valuation model (AVM) price of $988,316.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Garrett Park, 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 Garrett Park, MD, is $1,074,164.00, with the most expensive house in Garrett Park, MD, topping out at $2,440,060.00 and the cheapest home in Garrett Park, MD, clocking in at $30,348.00. In other words, there’s something for every potential homebuyer or savvy investor in Garrett Park, MD!

Rent Prices In Garrett Park, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Garrett Park, MD, is on a rollercoaster ride. The average rent price in Garrett Park, MD, is $3,186.00. Indeed, when looking to rent in Garrett Park, MD, you can expect to pay as little as $2,210.00 or as much as $5,080.00, with the average rent median estimated to be $3,080.00. The good news is that finding an affordable and desirable property to rent in Garrett Park, 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.

Garrett Park, MD Condos


Market Trend for Garrett Park, MD

Total Listings Available: 126

Market Values:

Home Prices from $30,348 to $2,440,060

Average Sales Price: $1,074,164

Rental Values:

Rental from $2,210 to $5,080

Average Rent Value: $3,186 / month

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