Monkton, MD Foreclosures
How much do homes sell for in Monkton, MD?
The average home price is currently $769,577.
In Monkton, MD, how many homes are available?
There are currently 2 active home listings available in Monkton.
What’s the average rental cost in Monkton, MD?
The average rental price in Monkton is $2,697.
What is the most expensive home in Monkton?
The most expensive home sold in Monkton had a price of $4,960,567.
What is currently the cheapest priced home in Monkton, MD?
The cheapest home for sale in Monkton is priced at $83,390.
Living in Monkton, MD
Monkton, MD is a charming rural community known for its beautiful landscapes and outdoor recreational activities. With excellent schools and a friendly atmosphere, it's a great place for families and nature lovers. The community features a mix of local shops and restaurants, providing convenience while maintaining a peaceful lifestyle.
Current Market Conditions in Monkton, MD
The real estate market in Monkton, MD has seen a steady appreciation in property values over the last year. With its favorable rural setting close to urban amenities, more buyers are seeking homes in this area. The market is characterized by a mix of single-family homes, farms, and larger estates, providing a varied selection for potential buyers. Homes are selling relatively quickly, supported by low inventory levels and high demand.
As of the current month, Monkton's real estate market remains strong, with many properties receiving multiple offers and selling above listing price. This trend indicates a competitive market, particularly for well-maintained homes. Buyers are increasingly looking for properties that offer space and compatibility with lifestyle needs, such as home offices and outdoor areas. There have been recent developments of new listings that are attracting both young families and retirees.
Home Value Estimator For Monkton, MD
There are currently 1,811 real estate properties
in Monkton, MD,
with a median automated valuation model (AVM) price
of $683,776.00. 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 $769,577.00, with the most expensive house
in Monkton, MD, topping out
at $4,960,567.00 and the cheapest home
in Monkton, MD,
clocking in at $83,390.00. 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 $2,697.00. 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.
Learn more on Foreclosure homes
