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Rent To Own Homes 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 charming waterfront town located on Maryland's Eastern Shore. Known for its historic architecture and vibrant arts scene, this picturesque community offers both relaxation and recreation. Visitors and residents alike enjoy a range of outdoor activities, including boating, cycling, and exploring local shops and restaurants.

Current Market Conditions in St Michaels, MD

St. Michaels has recently experienced a surge in real estate interest, largely due to its idyllic location and growing popularity among retirees and vacation home buyers. The average home prices have increased, and demand is high for waterfront properties, which are particularly appealing to those looking for a tranquil lifestyle close to nature.

Investors are also recognizing the potential in St. Michaels, as the area continues to attract new residents and visitors. Renovated and new constructions are gaining traction, enhancing the overall appeal of the community for both homeowners and investors alike.

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 Rent To Own Homes

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