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Foreclosure Homes in Mt Lake Park, MD

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Mt Lake Park, MD Foreclosures

How much do homes sell for in Mt Lake Park, MD?
The average home price is currently $189,973.
In Mt Lake Park, MD, how many homes are available?
There are currently 6 active home listings available in Mt Lake Park.
What’s the average rental cost in Mt Lake Park, MD?
The average rental price in Mt Lake Park is $1,254.
What is the most expensive home in Mt Lake Park?
The most expensive home sold in Mt Lake Park had a price of $1,077,461.
What is currently the cheapest priced home in Mt Lake Park, MD?
The cheapest home for sale in Mt Lake Park is priced at $11,584.

Living in Mt Lake Park, MD

MT Lake Park is a quaint town in Maryland known for its breathtaking natural scenery and proximity to Deep Creek Lake. The community is family-friendly, with ample outdoor activities available year-round. Residents enjoy access to local amenities, quality schools, and a welcoming atmosphere.

Current Market Conditions in Mt Lake Park, MD

The real estate market in MT Lake Park has seen a steady increase in home values over the past year. Demand for properties, particularly vacation homes, has been buoyed by the area's natural beauty and recreational offerings. With a combination of seasonal visitors and long-term residents, the market is competitive, favoring sellers as inventory remains limited.

Recent trends indicate that buyers are increasingly interested in homes that offer not only comfort but also outdoor access and scenic views. This has prompted a rise in renovations and new constructions, further strengthening property values in the area.

Home Value Estimator For Mt Lake Park, MD

There are currently 288 real estate properties in Mt Lake Park, MD, with a median automated valuation model (AVM) price of $160,849.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mt Lake Park, 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 Mt Lake Park, MD, is $189,973.00, with the most expensive house in Mt Lake Park, MD, topping out at $1,077,461.00 and the cheapest home in Mt Lake Park, MD, clocking in at $11,584.00. In other words, there’s something for every potential homebuyer or savvy investor in Mt Lake Park, MD!

Rent Prices In Mt Lake Park, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mt Lake Park, MD, is on a rollercoaster ride. The average rent price in Mt Lake Park, MD, is $1,254.00. Indeed, when looking to rent in Mt Lake Park, MD, you can expect to pay as little as $570.00 or as much as $2,030.00, with the average rent median estimated to be $1,190.00. The good news is that finding an affordable and desirable property to rent in Mt Lake Park, 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.

Mt Lake Park, MD Foreclosures


Market Trend for Mt Lake Park, MD

Total Listings Available: 6

Market Values:

Home Prices from $11,584 to $1,077,461

Average Sales Price: $189,973

Rental Values:

Rental from $570 to $2,030

Average Rent Value: $1,254 / month

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