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Preforeclosure Homes in Monkton, MD

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Monkton, MD Foreclosures

How much do homes sell for in Monkton, MD?
The average home price is currently $787,783.
In Monkton, MD, how many homes are available?
There are currently 1 active home listings available in Monkton.
What’s the average rental cost in Monkton, MD?
The average rental price in Monkton is $2,696.
What is the most expensive home in Monkton?
The most expensive home sold in Monkton had a price of $5,966,313.
What is currently the cheapest priced home in Monkton, MD?
The cheapest home for sale in Monkton is priced at $24,120.

Living in Monkton, MD

Monkton, MD is a picturesque community that combines rural charm with convenient access to modern amenities. With its scenic landscapes and outdoor activities, it offers a peaceful lifestyle perfect for families and nature lovers alike. The town's friendly atmosphere and great schools make it an ideal place to live.

Current Market Conditions in Monkton, MD

As of October 2023, the Monkton real estate market remains competitive, driven by a combination of rural appeal and proximity to major urban centers. Homes in the area are highly valued due to the unique lifestyle they offer, including access to nature and spacious yards. First-time buyers and those looking for a lifestyle change are increasingly drawn to the community, resulting in steady demand and rising prices.

The market is characterized by limited inventory, which puts upward pressure on home prices. Potential buyers may find it challenging to secure property, as listings tend to sell quickly. This trend reflects a broader movement towards suburban areas as more individuals prioritize space and outdoor amenities in their home search.

Home Value Estimator For Monkton, MD

There are currently 1,914 real estate properties in Monkton, MD, with a median automated valuation model (AVM) price of $690,449.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monkton, 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 Monkton, MD, is $787,783.00, with the most expensive house in Monkton, MD, topping out at $5,966,313.00 and the cheapest home in Monkton, MD, clocking in at $24,120.00. In other words, there’s something for every potential homebuyer or savvy investor in Monkton, MD!

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.

Monkton, MD Preforeclosure Homes


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