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Foreclosure Homes in Hancock, MD

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Hancock, MD Foreclosures

How much do homes sell for in Hancock, MD?
The average home price is currently $246,085.
In Hancock, MD, how many homes are available?
There are currently 27 active home listings available in Hancock.
What’s the average rental cost in Hancock, MD?
The average rental price in Hancock is $1,079.
What is the most expensive home in Hancock?
The most expensive home sold in Hancock had a price of $2,849,000.
What is currently the cheapest priced home in Hancock, MD?
The cheapest home for sale in Hancock is priced at $20,250.

Living in Hancock, MD

Hancock, MD is a serene small town situated in Western Maryland, offering a picturesque rural lifestyle. With its scenic views and a strong community, the town provides a variety of local amenities and vibrant outdoor activities. The area is known for its historical charm and quality educational institutions.

Current Market Conditions in Hancock, MD

The real estate market in Hancock is characterized by a mix of affordable homes and some higher-end properties. With a steady demand for housing driven by its scenic surroundings and community-oriented living, investors are finding opportunities to acquire property at competitive prices.

As more people seek a slower pace of life away from bustling urban areas, Hancock's market shows signs of growth. New developments and renovations of older homes are becoming more common, indicating a revitalization of interest in this charming town.

Home Value Estimator For Hancock, MD

There are currently 1,762 real estate properties in Hancock, MD, with a median automated valuation model (AVM) price of $204,947.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hancock, 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 Hancock, MD, is $246,085.00, with the most expensive house in Hancock, MD, topping out at $2,849,000.00 and the cheapest home in Hancock, MD, clocking in at $20,250.00. In other words, there’s something for every potential homebuyer or savvy investor in Hancock, MD!

Rent Prices In Hancock, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hancock, MD, is on a rollercoaster ride. The average rent price in Hancock, MD, is $1,079.00. Indeed, when looking to rent in Hancock, MD, you can expect to pay as little as $460.00 or as much as $2,020.00, with the average rent median estimated to be $1,050.00. The good news is that finding an affordable and desirable property to rent in Hancock, 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.

Hancock, MD Foreclosures


Market Trend for Hancock, MD

Total Listings Available: 27

Market Values:

Home Prices from $20,250 to $2,849,000

Average Sales Price: $246,085

Rental Values:

Rental from $460 to $2,020

Average Rent Value: $1,079 / month

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