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Cheap Homes in Jessup, MD

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Jessup, MD Foreclosures

How much do homes sell for in Jessup, MD?
The average home price is currently $951,131.
What’s the average rental cost in Jessup, MD?
The average rental price in Jessup is $2,129.
What is the most expensive home in Jessup?
The most expensive home sold in Jessup had a price of $153,966,440.
What is currently the cheapest priced home in Jessup, MD?
The cheapest home for sale in Jessup is priced at $99,049.

Living in Jessup, MD

Jessup, MD, is a thriving community combining suburban comfort with urban convenience. With its proximity to major cities, quality schools, and numerous parks, it's an attractive location for families and professionals alike. The area offers a diverse range of amenities for all lifestyles.

Current Market Conditions in Jessup, MD

The real estate market in Jessup is currently experiencing growth as demand for housing increases. The community has seen interest from both first-time homebuyers and those looking for larger family homes due to its desirable location and amenities. Prices have been relatively stable, but some segments of the market, particularly single-family homes, are witnessing competitive bidding.

Several new developments are emerging in Jessup, reflecting a broader trend in the area towards expansion and modernization. With its strategic location and favorable conditions for commuting, the market remains attractive to developers and investors looking to capitalize on the growth.

Home Value Estimator For Jessup, MD

There are currently 3,085 real estate properties in Jessup, MD, with a median automated valuation model (AVM) price of $470,165.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Jessup, 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 Jessup, MD, is $951,131.00, with the most expensive house in Jessup, MD, topping out at $153,966,440.00 and the cheapest home in Jessup, MD, clocking in at $99,049.00. In other words, there’s something for every potential homebuyer or savvy investor in Jessup, MD!

Rent Prices In Jessup, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Jessup, MD, is on a rollercoaster ride. The average rent price in Jessup, MD, is $2,129.00. Indeed, when looking to rent in Jessup, MD, you can expect to pay as little as $1,100.00 or as much as $4,660.00, with the average rent median estimated to be $2,050.00. The good news is that finding an affordable and desirable property to rent in Jessup, 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.

Cheap Homes in Jessup, MD


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