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Condo Foreclosures in St Michaels, MD

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St Michaels, MD Foreclosures

How much do homes sell for in St Michaels, MD?
The average home price is currently $992,670.
In St Michaels, MD, how many homes are available?
There are currently 1 active home listings available in St Michaels.
What’s the average rental cost in St Michaels, MD?
The average rental price in St Michaels is $2,010.
What is the most expensive home in St Michaels?
The most expensive home sold in St Michaels had a price of $70,374,704.
What is currently the cheapest priced home in St Michaels, MD?
The cheapest home for sale in St Michaels is priced at $66,574.

Living in St Michaels, MD

St. Michaels is a picturesque waterfront town located on the eastern shore of Maryland. Known for its charming streets, historic homes, and vibrant art scene, it offers a perfect blend of relaxation and recreation. Outdoor enthusiasts will appreciate its proximity to the Chesapeake Bay, while the town's shops and restaurants provide a delightful culinary experience.

Current Market Conditions in St Michaels, MD

The real estate market in St. Michaels remains competitive, with a diverse range of properties available from historic homes to new constructions. Sales trends indicate a consistent increase in property values over the past few years, driven by demand for waterfront living and an influx of new residents looking for a second home.

With continued interest in vacation properties and a strong local economy, the market shows no signs of slowing. Potential buyers are encouraged to act quickly on listings in this desirable area as inventory can be limited.

Home Value Estimator For St Michaels, MD

There are currently 685 real estate properties in St Michaels, MD, with a median automated valuation model (AVM) price of $660,392.00. 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 $992,670.00, with the most expensive house in St Michaels, MD, topping out at $70,374,704.00 and the cheapest home in St Michaels, MD, clocking in at $66,574.00. In other words, there’s something for every potential homebuyer or savvy investor in St Michaels, MD!

Rent Prices 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 $2,010.00. 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 $1,810.00. 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.

St Michaels, MD Condos


Market Trend for St Michaels, MD

Total Listings Available: 1

Market Values:

Home Prices from $66,574 to $70,374,704

Average Sales Price: $992,670

Rental Values:

Rental from $810 to $5,860

Average Rent Value: $2,010 / month

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