Great Mills, MD Foreclosures
How much do homes sell for in Great Mills, MD?
The average home price is currently $379,297.
In Great Mills, MD, how many homes are available?
There are currently 14 active home listings available in Great Mills.
What’s the average rental cost in Great Mills, MD?
The average rental price in Great Mills is $1,785.
What is the most expensive home in Great Mills?
The most expensive home sold in Great Mills had a price of $8,278,803.
What is currently the cheapest priced home in Great Mills, MD?
The cheapest home for sale in Great Mills is priced at $38,956.
Living in Great Mills, MD
Great Mills, MD is a quaint community in St. Mary's County with a welcoming atmosphere and a focus on family-friendly living. The area boasts many outdoor and recreational activities while providing easy access to essential amenities. It's perfect for those looking for a balanced lifestyle with both peace and connectivity.
Current Market Conditions in Great Mills, MD
The real estate market in Great Mills has shown signs of growth recently, with an increase in demand for homes amidst a tight inventory. Prices have been steadily rising, indicating a robust interest from both first-time buyers and investors. As the town continues to develop, property values are expected to appreciate further, making it a promising place for real estate investment.
In the last year, the market has shifted significantly with homes being sold faster than before. The competition has led potential buyers to act quickly, which can be beneficial for sellers looking to put their homes on the market.
The great location of Great Mills, combined with its reputable school system and community amenities, continues to attract new residents, further fueling the demand for homes in the area.
Home Value Estimator For Great Mills, MD
There are currently 2,350 real estate properties
in Great Mills, MD,
with a median automated valuation model (AVM) price
of $366,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Great Mills, 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 Great Mills, MD,
is $379,297.00, with the most expensive house
in Great Mills, MD, topping out
at $8,278,803.00 and the cheapest home
in Great Mills, MD,
clocking in at $38,956.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Great Mills, MD!
Rent Prices
In Great Mills, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Great Mills, MD, is on
a rollercoaster ride. The
average rent price in Great Mills, MD,
is $1,785.00. Indeed, when looking to rent in
Great Mills, MD, you can expect to pay as little
as $980.00 or as much
as $2,820.00,
with the average rent median estimated to
be $1,810.00. The good news is that finding
an affordable and desirable property to rent in Great Mills, 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.
Learn more on Foreclosure homes
