Scotland, MD Foreclosures
How much do homes sell for in Scotland, MD?
The average home price is currently $421,872.
In Scotland, MD, how many homes are available?
There are currently 1 active home listings available in Scotland.
What’s the average rental cost in Scotland, MD?
The average rental price in Scotland is $1,643.
What is the most expensive home in Scotland?
The most expensive home sold in Scotland had a price of $1,954,837.
What is currently the cheapest priced home in Scotland, MD?
The cheapest home for sale in Scotland is priced at $14,239.
Living in Scotland, MD
Scotland is a charming waterfront community in St. Mary's County, Maryland, offering residents a tranquil escape with stunning views and abundant outdoor activities. The area is known for its friendly atmosphere and rich maritime culture, making it a desirable location for those seeking a peaceful lifestyle while enjoying access to natural beauty.
Current Market Conditions in Scotland, MD
The real estate market in Scotland, MD, has seen steady growth, driven by an increase in interest for waterfront properties. The serene environment and outdoor lifestyle continue to attract both new buyers and investors looking for vacation homes, contributing to rising home values in the area.
Current trends indicate a moderate supply of homes on the market, leading to competitive bidding in desirable properties. The demand for homes along the water has significantly influenced market dynamics, particularly for family-sized homes and vacation rentals.
Home Value Estimator For Scotland, MD
There are currently 237 real estate properties
in Scotland, MD,
with a median automated valuation model (AVM) price
of $360,700.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Scotland, 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 Scotland, MD,
is $421,872.00, with the most expensive house
in Scotland, MD, topping out
at $1,954,837.00 and the cheapest home
in Scotland, MD,
clocking in at $14,239.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Scotland, MD!
Rent Prices
In Scotland, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Scotland, MD, is on
a rollercoaster ride. The
average rent price in Scotland, MD,
is $1,643.00. Indeed, when looking to rent in
Scotland, MD, you can expect to pay as little
as $860.00 or as much
as $2,780.00,
with the average rent median estimated to
be $1,550.00. The good news is that finding
an affordable and desirable property to rent in Scotland, 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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