Pasadena, MD Foreclosures
How much do homes sell for in Pasadena, MD?
The average home price is currently $515,093.
In Pasadena, MD, how many homes are available?
There are currently 29 active home listings available in Pasadena.
What’s the average rental cost in Pasadena, MD?
The average rental price in Pasadena is $1,961.
What is the most expensive home in Pasadena?
The most expensive home sold in Pasadena had a price of $36,097,396.
What is currently the cheapest priced home in Pasadena, MD?
The cheapest home for sale in Pasadena is priced at $10,062.
Living in Pasadena, MD
Pasadena, MD is a quaint suburban community known for its friendly neighborhoods and outdoor recreational opportunities. With easy access to Baltimore and the Chesapeake Bay, it offers a perfect mix of small-town charm and urban convenience. The area is family-friendly with a variety of homes and amenities to suit diverse lifestyles.
Current Market Conditions in Pasadena, MD
The real estate market in Pasadena, MD remains competitive, with a notable demand for single-family homes and waterfront properties. Properties are selling quickly, often within days of listing, and homes in desirable neighborhoods are experiencing multiple offers. Overall, the market is characterized by a strong interest from buyers looking for family-oriented communities with good schools and amenities.
Interest rates have influenced buyer behavior, with many opting for fixed-rate mortgages to secure lower monthly payments. Additionally, the inventory levels are seeing shifts with an increase in new constructions, providing more options for potential buyers. Long-term trends show a steady rise in property values, further solidifying Pasadena as an attractive location.
Home Value Estimator For Pasadena, MD
There are currently 23,538 real estate properties
in Pasadena, MD,
with a median automated valuation model (AVM) price
of $438,875.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pasadena, 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 Pasadena, MD,
is $515,093.00, with the most expensive house
in Pasadena, MD, topping out
at $36,097,396.00 and the cheapest home
in Pasadena, MD,
clocking in at $10,062.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pasadena, MD!
Rent Prices
In Pasadena, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pasadena, MD, is on
a rollercoaster ride. The
average rent price in Pasadena, MD,
is $1,961.00. Indeed, when looking to rent in
Pasadena, MD, you can expect to pay as little
as $850.00 or as much
as $4,840.00,
with the average rent median estimated to
be $1,900.00. The good news is that finding
an affordable and desirable property to rent in Pasadena, 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.