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Preforeclosure Homes in Georgetown, MD 21930

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Living in Georgetown, MD

Georgetown, MD is a vibrant historic neighborhood that blends charming architecture with modern living. It boasts a lively atmosphere with trendy shops and restaurants, and offers plenty of outdoor recreational activities along the Potomac River. The community is enriched by the presence of Georgetown University, providing a youthful vibe and a variety of cultural events.

Current Market Conditions in Georgetown, MD

The Georgetown real estate market remains competitive with high demand for properties due to its desirable location and historic appeal. Home prices have shown a steady increase as more buyers are drawn to the neighborhood's amenities and lifestyle offerings.

Recent trends indicate a growing interest in renovation projects, with many buyers looking to modernize historic homes while preserving their architectural integrity. This has created opportunities for both investors and homeowners willing to invest in upgrades.

Home Value Estimator For Georgetown, MD

There are currently 67 real estate properties in Georgetown, MD, with a median automated valuation model (AVM) price of $361,793.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Georgetown, 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 Georgetown, MD, is $506,179.00, with the most expensive house in Georgetown, MD, topping out at $1,718,973.00 and the cheapest home in Georgetown, MD, clocking in at $129,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Georgetown, MD!

Rent Prices In Georgetown, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Georgetown, MD, is on a rollercoaster ride. The average rent price in Georgetown, MD, is $1,504.00. Indeed, when looking to rent in Georgetown, MD, you can expect to pay as little as $960.00 or as much as $2,380.00, with the average rent median estimated to be $1,460.00. The good news is that finding an affordable and desirable property to rent in Georgetown, 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.

Georgetown, MD 21930 Preforeclosure Homes


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