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Short Sale Listings 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 $992,045.
In St Michaels, MD, how many homes are available?
There are currently 3 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 $70,154,052.
What is currently the cheapest priced home in St Michaels, MD?
The cheapest home for sale in St Michaels is priced at $75,030.

Living in St Michaels, MD

St. Michaels, MD, is a quaint waterfront town known for its picturesque charm and vibrant community atmosphere. With a blend of historic significance and modern amenities, it offers residents a laid-back lifestyle filled with outdoor Adventures, excellent dining options, and local cultural events throughout the year. Perfect for families and retirees alike, St. Michaels is a hidden gem on Maryland's Eastern Shore.

Current Market Conditions in St Michaels, MD

Currently, the St. Michaels real estate market is experiencing a steady increase in home values due to heightened demand driven by an influx of new residents seeking the tranquility of waterfront living. Homes are being snapped up quickly as buyers recognize the rarity of properties in this picturesque town, making it a competitive market for potential buyers.

In recent months, there has been a noticeable trend in the types of properties being sought after, with buyers showing interest in both historic homes and new constructions that offer modern amenities. The average days on the market for homes in St. Michaels have decreased significantly, indicating a robust demand.

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 $668,228.00. 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 $992,045.00, with the most expensive house in St Michaels, MD, topping out at $70,154,052.00 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!

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 Short Sale Listings

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