Condo Foreclosures in Monkton, MD 21111

Buyer vs Seller Market in Monkton, MD

Monkton's real estate market is characterized by a steady demand for single-family homes, particularly those with larger lots and open spaces. The combination of its scenic environment and good schools keeps the area appealing to families and buyers looking for a quieter lifestyle. The average days on the market for homes have remained stable, indicating a balanced market where buyers and sellers are meeting on price.

Recently, there has been an uptick in interest for properties that combine large land parcels with home options for equestrian use, reflecting a growing trend toward rural living as more individuals seek space away from urban centers. This trend has led to steady appreciation rates in home values, making it a potentially lucrative investment for buyers.

Rent Prices In Monkton, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monkton, MD, is on a rollercoaster ride. The average rent price in Monkton, MD, is $2,696.00. Indeed, when looking to rent in Monkton, MD, you can expect to pay as little as $1,260.00 or as much as $5,880.00, with the average rent median estimated to be $2,610.00. The good news is that finding an affordable and desirable property to rent in Monkton, 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.