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Foreclosure Homes in Madison, MD 21648

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Madison, MD Foreclosures

How much do homes sell for in Madison, MD?
The average home price is currently $435,312.
What’s the average rental cost in Madison, MD?
The average rental price in Madison is $1,403.
What is the most expensive home in Madison?
The most expensive home sold in Madison had a price of $10,500,000.
What is currently the cheapest priced home in Madison, MD?
The cheapest home for sale in Madison is priced at $14,540.

Living in Madison, MD

Madison, MD is a picturesque town located in the Eastern Shore region, adorned with natural beauty and a welcoming community. The town provides a peaceful lifestyle with easy access to recreational activities and essential amenities. Families and retirees find Madison an ideal place to call home due to its balanced atmosphere of tranquility and accessibility.

Current Market Conditions in Madison, MD

The real estate market in Madison has been showing strong activity recently, with a steady increase in property values due to rising demand. The tranquil environment and pleasant lifestyle are drawing in more buyers, contributing to competitive pricing.

A recent trend in Madison indicates that homes are selling quickly, often above asking price, as more buyers seek out properties in quieter areas away from larger cities. This has led to a shift in how properties are marketed and sold in the region.

Home Value Estimator For Madison, MD

There are currently 147 real estate properties in Madison, MD, with a median automated valuation model (AVM) price of $247,033.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Madison, 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 Madison, MD, is $435,312.00, with the most expensive house in Madison, MD, topping out at $10,500,000.00 and the cheapest home in Madison, MD, clocking in at $14,540.00. In other words, there’s something for every potential homebuyer or savvy investor in Madison, MD!

Rent Prices In Madison, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Madison, MD, is on a rollercoaster ride. The average rent price in Madison, MD, is $1,403.00. Indeed, when looking to rent in Madison, MD, you can expect to pay as little as $640.00 or as much as $3,280.00, with the average rent median estimated to be $1,260.00. The good news is that finding an affordable and desirable property to rent in Madison, 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.

Madison, MD 21648 Foreclosures


Market Trend for Madison, MD

Total Listings Available: 0

Market Values:

Home Prices from $14,540 to $10,500,000

Average Sales Price: $435,312

Rental Values:

Rental from $640 to $3,280

Average Rent Value: $1,403 / month

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