Buying city property has tremendous potential because you have the opportunity to turn a neglected eyesore into a real estate gem … at a fraction of the cost. Click on a listing below to begin search for city-owned properties for sale in your area. Don't overpay for your next home in St Michaels, MD. There are 2 discounted homes for sale in St Michaels, MD we think you'll love.
St. Michaels is a charming waterfront town nestled on Maryland's Eastern Shore, known for its rich history and vibrant maritime culture. With its quaint streets lined with shops, galleries, and eateries, it offers a unique blend of old-world charm and modern convenience. The area is perfect for outdoor enthusiasts, with ample opportunities for boating, fishing, and exploring beautiful nature trails.
There are currently 721 real estate properties in St Michaels, MD, with a median automated valuation model (AVM) price of $666,667.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in St Michaels, 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 St Michaels, MD, is $983,143.00, with the most expensive house in St Michaels, MD, topping out at $69,927,392.00 and the cheapest home in St Michaels, MD, clocking in at $75,030.00. In other words, there’s something for every potential homebuyer or savvy investor in St Michaels, MD!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in St Michaels, MD, is on a rollercoaster ride. The average rent price in St Michaels, MD, is $1,953.00. Indeed, when looking to rent in St Michaels, MD, you can expect to pay as little as $810.00 or as much as $5,860.00, with the average rent median estimated to be $1,780.00. The good news is that finding an affordable and desirable property to rent in St Michaels, 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.
Millions of people receive foreclosure alerts daily, don't miss out.
Learn more on Foreclosure homes
