Jessup, MD Foreclosures
How much do homes sell for in Jessup, MD?
The average home price is currently $756,788.
In Jessup, MD, how many homes are available?
There are currently 1 active home listings available in Jessup.
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 $155,106,656.
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 offers a suburban environment with convenient access to both Baltimore and Washington, D.C. This tranquil community features a variety of neighborhoods and abundant green spaces, providing a peaceful retreat from the hustle and bustle of city life. With a focus on family-friendly amenities and recreational activities, Jessup supports a vibrant lifestyle for residents.
Current Market Conditions in Jessup, MD
As of recent analysis, the Jessup real estate market is witnessing steady growth, with home prices gradually increasing. The area has seen a surge in demand due to its strategic location and excellent transport links. Overall, the market remains competitive, with a mix of single-family homes, townhouses, and condos. Buyers can expect a relatively stable market with opportunities for both investors and first-time homebuyers.
Current market trends in Jessup suggest that the demand for homes is outpacing supply. This imbalance is contributing to the appreciation of home prices as buyers seek to secure properties close to major highways and job centers. Additionally, new construction projects are starting to emerge, further impacting market dynamics.
Home Value Estimator For Jessup, MD
There are currently 2,966 real estate properties
in Jessup, MD,
with a median automated valuation model (AVM) price
of $466,784.00. 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 $756,788.00, with the most expensive house
in Jessup, MD, topping out
at $155,106,656.00 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.
Learn more on Foreclosure homes
