Oldtown, MD Foreclosures
How much do homes sell for in Oldtown, MD?
The average home price is currently $194,051.
What’s the average rental cost in Oldtown, MD?
The average rental price in Oldtown is $1,179.
What is the most expensive home in Oldtown?
The most expensive home sold in Oldtown had a price of $1,454,806.
What is currently the cheapest priced home in Oldtown, MD?
The cheapest home for sale in Oldtown is priced at $8,514.
Living in Oldtown, MD
Oldtown, MD is a small and welcoming community filled with historic charm and contemporary conveniences. The serene environment, paired with a variety of outdoor activities and local amenities, makes it a perfect location for families and retirees alike. With easy access to nearby cities, Oldtown offers a peaceful living experience without compromising on lifestyle quality.
Current Market Conditions in Oldtown, MD
The real estate market in Oldtown, MD has shown steady growth, with home prices gradually increasing as demand rises in the area. The quaint charm of the town, coupled with low inventory levels, has led to competitive bidding situations for well-maintained properties, attracting both buyers and investors.
Many families and young professionals are moving into Oldtown, drawn by its excellent schools, community spirit, and natural beauty. This trend is fostering developments and renovations, contributing to overall property value appreciation.
Home Value Estimator For Oldtown, MD
There are currently 1,047 real estate properties
in Oldtown, MD,
with a median automated valuation model (AVM) price
of $157,256.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Oldtown, 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 Oldtown, MD,
is $194,051.00, with the most expensive house
in Oldtown, MD, topping out
at $1,454,806.00 and the cheapest home
in Oldtown, MD,
clocking in at $8,514.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Oldtown, MD!
Rent Prices
In Oldtown, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Oldtown, MD, is on
a rollercoaster ride. The
average rent price in Oldtown, MD,
is $1,179.00. Indeed, when looking to rent in
Oldtown, MD, you can expect to pay as little
as $570.00 or as much
as $2,280.00,
with the average rent median estimated to
be $1,150.00. The good news is that finding
an affordable and desirable property to rent in Oldtown, 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
