Scotland, MD Foreclosures
How much do homes sell for in Scotland, MD?
The average home price is currently $418,067.
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 $1,895,037.
What is currently the cheapest priced home in Scotland, MD?
The cheapest home for sale in Scotland is priced at $14,077.
Living in Scotland, MD
Scotland, located in St. Mary's County, Maryland, is a quaint and serene waterfront community that offers a peaceful lifestyle along the shores of the Potomac River. Known for its close-knit community atmosphere and rich history, this area is ideal for those looking for a slower pace of life while still having access to needed amenities. The nearby natural beauty and recreational activities provide a wonderful environment for outdoor enthusiasts.
Current Market Conditions in Scotland, MD
The real estate market in Scotland, MD is currently characterized by a moderate growth trend, with steady demand for waterfront properties. Buyers are particularly interested in homes that offer picturesque views and proximity to outdoor activities. The market has seen an uptick in home values, reflecting the area's attractiveness to both new residents and investors seeking vacation homes or rental properties.
Over the last year, real estate activity has increased, driven by an influx of buyers looking for spacious homes with land. The average time on the market has reduced significantly as families seek more room to grow, particularly in light of recent trends favoring remote work opportunities.
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 $362,364.00. 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 $418,067.00, with the most expensive house
in Scotland, MD, topping out
at $1,895,037.00 and the cheapest home
in Scotland, MD,
clocking in at $14,077.00. 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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