Kensington, MD Foreclosures
How much do homes sell for in Kensington, MD?
The average home price is currently $938,433.
In Kensington, MD, how many homes are available?
There are currently 43 active home listings available in Kensington.
What’s the average rental cost in Kensington, MD?
The average rental price in Kensington is $2,775.
What is the most expensive home in Kensington?
The most expensive home sold in Kensington had a price of $90,894,912.
What is currently the cheapest priced home in Kensington, MD?
The cheapest home for sale in Kensington is priced at $13,561.
Living in Kensington, MD
Kensington, Maryland, is a picturesque suburb located conveniently close to Washington, D.C. The town boasts a rich historic charm with beautiful homes and an active community. With numerous parks, excellent schools, and a welcoming atmosphere, Kensington is an ideal place for families and professionals alike.
Current Market Conditions in Kensington, MD
Kensington, MD, has seen a robust real estate market, characterized by increasing demand for residential properties. The area has maintained its appeal due to its historical charm, family-friendly atmosphere, and strong school systems. Homes here tend to sell quickly, often receiving multiple offers, indicating a competitive market as buyers are keen to secure a home in this desirable location.
The trend in Kensington has leaned towards slight price increases, with more families and individuals looking to move into the area for its benefits. Eco-friendly homes and renovations have become increasingly popular, focusing on sustainable and modern living conditions.
Home Value Estimator For Kensington, MD
There are currently 7,024 real estate properties
in Kensington, MD,
with a median automated valuation model (AVM) price
of $856,916.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Kensington, 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 Kensington, MD,
is $938,433.00, with the most expensive house
in Kensington, MD, topping out
at $90,894,912.00 and the cheapest home
in Kensington, MD,
clocking in at $13,561.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Kensington, MD!
Rent Prices
In Kensington, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Kensington, MD, is on
a rollercoaster ride. The
average rent price in Kensington, MD,
is $2,775.00. Indeed, when looking to rent in
Kensington, MD, you can expect to pay as little
as $1,210.00 or as much
as $6,010.00,
with the average rent median estimated to
be $2,660.00. The good news is that finding
an affordable and desirable property to rent in Kensington, 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
