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Foreclosure Homes in Pocomoke City, MD 21851

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Pocomoke City, MD Foreclosures

How much do homes sell for in Pocomoke City, MD?
The average home price is currently $277,052.
In Pocomoke City, MD, how many homes are available?
There are currently 22 active home listings available in Pocomoke City.
What’s the average rental cost in Pocomoke City, MD?
The average rental price in Pocomoke City is $1,245.
What is the most expensive home in Pocomoke City?
The most expensive home sold in Pocomoke City had a price of $22,301,731.
What is currently the cheapest priced home in Pocomoke City, MD?
The cheapest home for sale in Pocomoke City is priced at $1,312.

Living in Pocomoke City, MD

Pocomoke City is a delightful small town in Maryland known for its scenic rivers and warm community atmosphere. It features historically significant sites, local shops, restaurants, and plenty of outdoor activities. Residents enjoy a peaceful lifestyle with convenient access to neighboring urban areas.

Current Market Conditions in Pocomoke City, MD

The real estate market in Pocomoke City has shown steady growth over the past few years. The charm of this small town and its affordability are attracting new residents, particularly families and retirees looking for a quieter lifestyle without sacrificing amenities. Recent trends indicate an increase in home values, driven by both local demand and the appeal of remote working opportunities stemming from the COVID-19 pandemic.

In recent months, homes have been selling quickly, often receiving multiple offers, which suggests strong demand in a limited inventory environment. Properties are generally priced below the national average, making it an attractive choice for those looking to buy in a small-town atmosphere.

Home Value Estimator For Pocomoke City, MD

There are currently 3,331 real estate properties in Pocomoke City, MD, with a median automated valuation model (AVM) price of $206,613.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pocomoke City, 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 Pocomoke City, MD, is $277,052.00, with the most expensive house in Pocomoke City, MD, topping out at $22,301,731.00 and the cheapest home in Pocomoke City, MD, clocking in at $1,312.00. In other words, there’s something for every potential homebuyer or savvy investor in Pocomoke City, MD!

Rent Prices In Pocomoke City, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pocomoke City, MD, is on a rollercoaster ride. The average rent price in Pocomoke City, MD, is $1,245.00. Indeed, when looking to rent in Pocomoke City, MD, you can expect to pay as little as $570.00 or as much as $2,160.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Pocomoke City, 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.

Pocomoke City, MD 21851 Foreclosures


Market Trend for Pocomoke City, MD

Total Listings Available: 22

Market Values:

Home Prices from $1,312 to $22,301,731

Average Sales Price: $277,052

Rental Values:

Rental from $570 to $2,160

Average Rent Value: $1,245 / month

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