Foreclosure Homes in Parsonsburg, MD 21849

Current Market Conditions in Parsonsburg, MD

The real estate market in Parsonsburg is currently showing a healthy demand for residential properties, driven by families seeking more spacious living arrangements away from urban centers. Home prices are relatively affordable compared to nearby Salisbury, making it attractive for first-time buyers and real estate investors.

As more people discover the charm and benefits of small-town living, the interest in properties in Parsonsburg is likely to increase. Investors may find favorable conditions for property appreciation as the area continues to grow in popularity.

Rent Prices In Parsonsburg, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Parsonsburg, MD, is on a rollercoaster ride. The average rent price in Parsonsburg, MD, is $1,316.00. Indeed, when looking to rent in Parsonsburg, MD, you can expect to pay as little as $710.00 or as much as $2,700.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Parsonsburg, 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.