Piney Point, MD Foreclosures
How much do homes sell for in Piney Point, MD?
The average home price is currently $464,786.
In Piney Point, MD, how many homes are available?
There are currently 140 active home listings available in Piney Point.
What’s the average rental cost in Piney Point, MD?
The average rental price in Piney Point is $1,675.
What is the most expensive home in Piney Point?
The most expensive home sold in Piney Point had a price of $2,344,685.
What is currently the cheapest priced home in Piney Point, MD?
The cheapest home for sale in Piney Point is priced at $20,941.
Living in Piney Point, MD
Piney Point, nestled on the shores of the Potomac River, is a charming waterfront community that offers a serene and picturesque lifestyle. Known for its stunning views and rich maritime history, it attracts residents who cherish outdoor activities and a close-knit community atmosphere. With access to boating, fishing, and scenic parks, Piney Point is perfect for those wishing to escape the hustle and bustle of urban living while still being within reach of major amenities.
Current Market Conditions in Piney Point, MD
The real estate market in Piney Point has experienced a steady upward trend over the past year, with increasing demand for waterfront properties. This area has become particularly popular among buyers seeking vacation homes and retirees looking to downsize into a calmer lifestyle. With limited inventory and high demand, home prices have risen, making it a competitive market for buyers. The average home price has increased by 12% year-over-year, reflecting a growing interest in the locality's scenic charm and recreational offerings.
Currently, home sales have picked up speed compared to last season, indicating a resurgence in buyer interest post-pandemic. The waterfront offers unique opportunities not typically found in other inland communities, attracting diverse buyers from the surrounding metropolitan areas. Real estate investments in Piney Point are seen as lucrative, especially as remote work trends allow more families to prioritize lifestyle over commute times.
Home Value Estimator For Piney Point, MD
There are currently 571 real estate properties
in Piney Point, MD,
with a median automated valuation model (AVM) price
of $408,402.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Piney Point, 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 Piney Point, MD,
is $464,786.00, with the most expensive house
in Piney Point, MD, topping out
at $2,344,685.00 and the cheapest home
in Piney Point, MD,
clocking in at $20,941.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Piney Point, MD!
Rent Prices
In Piney Point, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Piney Point, MD, is on
a rollercoaster ride. The
average rent price in Piney Point, MD,
is $1,675.00. Indeed, when looking to rent in
Piney Point, MD, you can expect to pay as little
as $890.00 or as much
as $3,140.00,
with the average rent median estimated to
be $1,660.00. The good news is that finding
an affordable and desirable property to rent in Piney Point, 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.
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