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Preforeclosure Homes in Garrett Park, MD

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Garrett Park, MD Foreclosures

How much do homes sell for in Garrett Park, MD?
The average home price is currently $1,105,370.
In Garrett Park, MD, how many homes are available?
There are currently 895 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 $2,310,245.
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, MD, is a charming small town in Montgomery County known for its family-friendly atmosphere and beautiful historic homes. With an abundance of parks and recreational activities nearby, Garrett Park offers residents a balance of outdoor fun and community engagement. The town boasts excellent public schools and convenient access to major transportation routes, making it an ideal place to live for families and professionals alike.

Current Market Conditions in Garrett Park, MD

The real estate market in Garrett Park has remained stable over the past six months, with a slight increase in home prices due to a limited inventory of available listings. Buyers are actively searching for homes in this desirable location, leading to competitive offers on well-maintained properties.

Trends suggest that Garrett Park is becoming increasingly sought after as young families and professionals appreciate the blend of suburban charm and urban accessibility. This has led to a diverse community demographic as people are drawn to the town's unique character and amenities.

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 $1,034,465.00. 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 $1,105,370.00, with the most expensive house in Garrett Park, MD, topping out at $2,310,245.00 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 Preforeclosure Homes


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