Mitchellville, MD Foreclosures
How much do homes sell for in Mitchellville, MD?
The average home price is currently $523,298.
In Mitchellville, MD, how many homes are available?
There are currently 5 active home listings available in Mitchellville.
What’s the average rental cost in Mitchellville, MD?
The average rental price in Mitchellville is $2,352.
What is the most expensive home in Mitchellville?
The most expensive home sold in Mitchellville had a price of $1,147,397.
What is currently the cheapest priced home in Mitchellville, MD?
The cheapest home for sale in Mitchellville is priced at $111,600.
Living in Mitchellville, MD
Mitchellville, MD, is a charming suburban community known for its spacious homes and family-friendly atmosphere. The area features top-rated schools, beautiful parks, and convenient access to shopping and dining. Ideal for those looking for a peaceful lifestyle while still being close to urban amenities.
Current Market Conditions in Mitchellville, MD
The current real estate market in Mitchellville is stable, with a steady demand for homes. Prices have seen moderate growth over the past year as the community continues to attract families and professionals seeking quality living. The market is characterized by a mix of traditional and modern homes, appealing to a broad range of buyers.
In the past month, homes listed for sale have received a lot of interest, leading to competitive offers in some neighborhoods. This trend suggests a continued appreciation in home values as buyers are motivated by low-interest rates. However, inventory levels remain low, which may present challenges for buyers seeking to purchase a home in the area.
Home Value Estimator For Mitchellville, MD
There are currently 136 real estate properties
in Mitchellville, MD,
with a median automated valuation model (AVM) price
of $522,309.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mitchellville, 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 Mitchellville, MD,
is $523,298.00, with the most expensive house
in Mitchellville, MD, topping out
at $1,147,397.00 and the cheapest home
in Mitchellville, MD,
clocking in at $111,600.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mitchellville, MD!
Rent Prices
In Mitchellville, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mitchellville, MD, is on
a rollercoaster ride. The
average rent price in Mitchellville, MD,
is $2,352.00. Indeed, when looking to rent in
Mitchellville, MD, you can expect to pay as little
as $1,200.00 or as much
as $3,790.00,
with the average rent median estimated to
be $2,250.00. The good news is that finding
an affordable and desirable property to rent in Mitchellville, 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
