Pomfret, MD Foreclosures
How much do homes sell for in Pomfret, MD?
The average home price is currently $469,739.
In Pomfret, MD, how many homes are available?
There are currently 11 active home listings available in Pomfret.
What’s the average rental cost in Pomfret, MD?
The average rental price in Pomfret is $2,339.
What is the most expensive home in Pomfret?
The most expensive home sold in Pomfret had a price of $1,518,819.
What is currently the cheapest priced home in Pomfret, MD?
The cheapest home for sale in Pomfret is priced at $15,181.
Living in Pomfret, MD
Pomfret, Maryland, is a quiet and inviting community known for its spacious homes and rural charm. The area offers excellent schools, beautiful parks, and access to recreational activities. With its close-knit community feel and convenient location, Pomfret is ideal for those seeking a peaceful lifestyle.
Current Market Conditions in Pomfret, MD
The real estate market in Pomfret is currently experiencing a steady demand, driven by the appeal of suburban living. Homes are selling relatively quickly, often within weeks, suggesting a competitive market. The average home price has shown gradual increases, reflecting the desirability of the area as it attracts families looking for more space.
Recent trends indicate a shift towards greater interest in larger homes with outdoor spaces, as buyers prioritize comfort and leisure opportunities away from densely populated urban areas. This trend is likely to continue, making Pomfret a prime area for investment.
Home Value Estimator For Pomfret, MD
There are currently 669 real estate properties
in Pomfret, MD,
with a median automated valuation model (AVM) price
of $450,651.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pomfret, 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 Pomfret, MD,
is $469,739.00, with the most expensive house
in Pomfret, MD, topping out
at $1,518,819.00 and the cheapest home
in Pomfret, MD,
clocking in at $15,181.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pomfret, MD!
Rent Prices
In Pomfret, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pomfret, MD, is on
a rollercoaster ride. The
average rent price in Pomfret, MD,
is $2,339.00. Indeed, when looking to rent in
Pomfret, MD, you can expect to pay as little
as $1,290.00 or as much
as $3,850.00,
with the average rent median estimated to
be $2,230.00. The good news is that finding
an affordable and desirable property to rent in Pomfret, 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
