Springdale, MD Foreclosures
How much do homes sell for in Springdale, MD?
The average home price is currently $501,122.
In Springdale, MD, how many homes are available?
There are currently 1 active home listings available in Springdale.
What’s the average rental cost in Springdale, MD?
The average rental price in Springdale is $2,718.
What is the most expensive home in Springdale?
The most expensive home sold in Springdale had a price of $2,475,454.
What is currently the cheapest priced home in Springdale, MD?
The cheapest home for sale in Springdale is priced at $71,294.
Living in Springdale, MD
Springdale, MD is a vibrant suburban community situated close to Washington, D.C. Its rich cultural mix, excellent schools, and numerous parks make it an ideal place for families and young professionals. Residents benefit from local amenities and convenient transportation options, providing a comfortable balance of suburban and urban living.
Current Market Conditions in Springdale, MD
The real estate market in Springdale, MD is currently showing signs of growth, with increasing demand for homes due to its proximity to the nation's capital. As more people seek out suburban living with easy access to urban amenities, home prices have appreciated, though they remain relatively affordable compared to neighboring areas. The market exhibits a diverse range of property styles including single-family homes and townhouses, appealing to various demographic groups.
Recent trends indicate a competitive market where homes are often selling faster than they did last year, and inventory remains low. This has resulted in a pressing need for prospective buyers to act quickly. New developments are emerging, offering modern housing options, reflecting the growing demand for residential space within this thriving community.
Home Value Estimator For Springdale, MD
There are currently 1,272 real estate properties
in Springdale, MD,
with a median automated valuation model (AVM) price
of $504,088.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Springdale, 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 Springdale, MD,
is $501,122.00, with the most expensive house
in Springdale, MD, topping out
at $2,475,454.00 and the cheapest home
in Springdale, MD,
clocking in at $71,294.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Springdale, MD!
Rent Prices
In Springdale, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Springdale, MD, is on
a rollercoaster ride. The
average rent price in Springdale, MD,
is $2,718.00. Indeed, when looking to rent in
Springdale, MD, you can expect to pay as little
as $1,590.00 or as much
as $4,240.00,
with the average rent median estimated to
be $2,730.00. The good news is that finding
an affordable and desirable property to rent in Springdale, 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
