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Condo Foreclosures in Ridgely, MD

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Ridgely, MD Foreclosures

How much do homes sell for in Ridgely, MD?
The average home price is currently $371,467.
What’s the average rental cost in Ridgely, MD?
The average rental price in Ridgely is $1,429.
What is the most expensive home in Ridgely?
The most expensive home sold in Ridgely had a price of $5,140,909.
What is currently the cheapest priced home in Ridgely, MD?
The cheapest home for sale in Ridgely is priced at $12,615.

Living in Ridgely, MD

Ridgely, MD, offers a peaceful small-town atmosphere with a rich rural heritage. Here, residents enjoy a tight-knit community with nearby outdoor activities and essential amenities. Its convenient location allows for easy travel to larger surrounding urban centers.

Current Market Conditions in Ridgely, MD

The current real estate market in Ridgely shows a steady trend of moderate growth, with home prices remaining relatively affordable compared to neighboring towns. This has attracted both first-time homebuyers and long-term investors looking for opportunities in the area.

As the demand for homes possesses a consistent upward trajectory, inventory levels remain low, suggesting a favorable market for sellers while still providing options for buyers interested in investment properties.

Home Value Estimator For Ridgely, MD

There are currently 1,502 real estate properties in Ridgely, MD, with a median automated valuation model (AVM) price of $326,979.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ridgely, 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 Ridgely, MD, is $371,467.00, with the most expensive house in Ridgely, MD, topping out at $5,140,909.00 and the cheapest home in Ridgely, MD, clocking in at $12,615.00. In other words, there’s something for every potential homebuyer or savvy investor in Ridgely, MD!

Rent Prices In Ridgely, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ridgely, MD, is on a rollercoaster ride. The average rent price in Ridgely, MD, is $1,429.00. Indeed, when looking to rent in Ridgely, MD, you can expect to pay as little as $740.00 or as much as $2,420.00, with the average rent median estimated to be $1,420.00. The good news is that finding an affordable and desirable property to rent in Ridgely, 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.

Ridgely, MD Condos


Market Trend for Ridgely, MD

Total Listings Available: 0

Market Values:

Home Prices from $12,615 to $5,140,909

Average Sales Price: $371,467

Rental Values:

Rental from $740 to $2,420

Average Rent Value: $1,429 / month

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