Lynch, MD Foreclosures
How much do homes sell for in Lynch, MD?
The average home price is currently $529,484.
What’s the average rental cost in Lynch, MD?
The average rental price in Lynch is $1,353.
What is the most expensive home in Lynch?
The most expensive home sold in Lynch had a price of $3,465,571.
What is currently the cheapest priced home in Lynch, MD?
The cheapest home for sale in Lynch is priced at $36,310.
Living in Lynch, MD
Lynch, MD, is a picturesque small town that combines charm with a tight-knit community atmosphere. Residents enjoy a variety of nearby amenities, including recreational parks, grocery stores, and great schools. Its appeal lies in its blend of serene living and accessibility to larger nearby cities.
Current Market Conditions in Lynch, MD
The real estate market in Lynch, MD, has shown signs of stability with modest growth in home values over the past year. Many homes are selling within a reasonable timeframe, reflecting a balanced supply and demand ratio. Buyers can expect a mix of historic properties and newer developments that cater to various budgets and tastes.
Various factors, including low interest rates and increased demand for suburban living post-pandemic, have kept the market buoyant. The area's affordability compared to neighboring regions remains attractive, drawing more interest from families and young professionals.
Home Value Estimator For Lynch, MD
There are currently 15 real estate properties
in Lynch, MD,
with a median automated valuation model (AVM) price
of $267,042.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lynch, 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 Lynch, MD,
is $529,484.00, with the most expensive house
in Lynch, MD, topping out
at $3,465,571.00 and the cheapest home
in Lynch, MD,
clocking in at $36,310.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lynch, MD!
Rent Prices
In Lynch, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lynch, MD, is on
a rollercoaster ride. The
average rent price in Lynch, MD,
is $1,353.00. Indeed, when looking to rent in
Lynch, MD, you can expect to pay as little
as $1,050.00 or as much
as $1,610.00,
with the average rent median estimated to
be $1,310.00. The good news is that finding
an affordable and desirable property to rent in Lynch, 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.