Swan Point, MD Foreclosures
How much do homes sell for in Swan Point, MD?
The average home price is currently $523,615.
In Swan Point, MD, how many homes are available?
There are currently 2 active home listings available in Swan Point.
What’s the average rental cost in Swan Point, MD?
The average rental price in Swan Point is $2,125.
What is the most expensive home in Swan Point?
The most expensive home sold in Swan Point had a price of $1,430,562.
What is currently the cheapest priced home in Swan Point, MD?
The cheapest home for sale in Swan Point is priced at $25,306.
Living in Swan Point, MD
Swan Point, MD, is a tranquil waterfront community along the Potomac River, known for its scenic beauty and community-oriented lifestyle. With ample outdoor activities and amenities, it offers a peaceful retreat from urban hustle while being close to necessary conveniences. The neighborhood is perfect for families, retirees, and nature lovers seeking a serene residential area.
Current Market Conditions in Swan Point, MD
The real estate market in Swan Point is characterized by a steady demand for homes, as buyers are often attracted to the area's natural beauty and sense of community. The current market showcases a range of properties from waterfront homes to single-family houses, providing options for various budgets and preferences. Property values have been increasing due to the area's desirability and limited inventory, leading to a competitive market environment.
As of late 2023, the real estate trends suggest a continuation of this growth, fueled by both local buyers looking to settle in the area and increased interest from out-of-state buyers seeking second homes or retirement properties. With relatively low interest rates, the market has seen a rise in new listings and faster sales, creating opportunities for sellers.
Home Value Estimator For Swan Point, MD
There are currently 402 real estate properties
in Swan Point, MD,
with a median automated valuation model (AVM) price
of $482,611.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Swan Point, 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 Swan Point, MD,
is $523,615.00, with the most expensive house
in Swan Point, MD, topping out
at $1,430,562.00 and the cheapest home
in Swan Point, MD,
clocking in at $25,306.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Swan Point, MD!
Rent Prices
In Swan Point, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Swan Point, MD, is on
a rollercoaster ride. The
average rent price in Swan Point, MD,
is $2,125.00. Indeed, when looking to rent in
Swan Point, MD, you can expect to pay as little
as $1,090.00 or as much
as $3,800.00,
with the average rent median estimated to
be $2,100.00. The good news is that finding
an affordable and desirable property to rent in Swan Point, 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
