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Preforeclosure Homes 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 $394,198.
In Ridgely, MD, how many homes are available?
There are currently 5 active home listings available in Ridgely.
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 $5,308,972.
What is currently the cheapest priced home in Ridgely, MD?
The cheapest home for sale in Ridgely is priced at $13,027.

Living in Ridgely, MD

Located in Caroline County, Ridgely, Maryland, offers a quaint, rural lifestyle that is perfect for families looking for a peaceful living environment. The town boasts local events to engage the community, easy access to outdoor activities, and a slower pace of life, all while maintaining proximity to urban amenities.

Current Market Conditions in Ridgely, MD

The real estate market in Ridgely is steady, with a mix of traditional homes and some newer constructions. The demand for single-family homes has seen a slight increase this season, as many buyers are drawn to the area's affordable housing compared to surrounding metropolitan areas.

Investment opportunities are present as home prices remain relatively stable, and the area witnesses slow, consistent growth. Buyers often appreciate the lush surroundings and community feel, which helps keep interest lively.

Home Value Estimator For Ridgely, MD

There are currently 1,505 real estate properties in Ridgely, MD, with a median automated valuation model (AVM) price of $342,904.00. 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 $394,198.00, with the most expensive house in Ridgely, MD, topping out at $5,308,972.00 and the cheapest home in Ridgely, MD, clocking in at $13,027.00. 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 Preforeclosure Homes


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