Temple Hills, MD Foreclosures
How much do homes sell for in Temple Hills, MD?
The average home price is currently $393,545.
In Temple Hills, MD, how many homes are available?
There are currently 389 active home listings available in Temple Hills.
What’s the average rental cost in Temple Hills, MD?
The average rental price in Temple Hills is $1,843.
What is the most expensive home in Temple Hills?
The most expensive home sold in Temple Hills had a price of $108,116,720.
What is currently the cheapest priced home in Temple Hills, MD?
The cheapest home for sale in Temple Hills is priced at $15,529.
Living in Temple Hills, MD
Temple Hills, MD, is a vibrant suburb known for its diverse community and convenient access to Washington, D.C. The area features excellent schools, parks, and shopping centers, making it ideal for families and professionals alike. With a variety of recreational activities available, Temple Hills stands out as a desirable place to live.
Current Market Conditions in Temple Hills, MD
The real estate market in Temple Hills has shown steady growth over the past year. Homes in the area have seen an increase in value, primarily due to the proximity to Washington, D.C. The demand for housing remains high, with buyers attracted to the affordability compared to neighboring areas like Alexandria and Arlington, Virginia. This demand has led to a competitive market, with many homes selling quickly and often above their asking prices.
In recent months, Temple Hills has experienced a slight fluctuation in home sales, with some signs of stabilization as more homes become available. The average days on market have slightly increased, indicating a potential shift towards a more balanced market. Home values continue to rise, driven by interest from first-time buyers and investors seeking property in this accessible location.
Home Value Estimator For Temple Hills, MD
There are currently 11,728 real estate properties
in Temple Hills, MD,
with a median automated valuation model (AVM) price
of $361,185.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Temple Hills, 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 Temple Hills, MD,
is $393,545.00, with the most expensive house
in Temple Hills, MD, topping out
at $108,116,720.00 and the cheapest home
in Temple Hills, MD,
clocking in at $15,529.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Temple Hills, MD!
Rent Prices
In Temple Hills, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Temple Hills, MD, is on
a rollercoaster ride. The
average rent price in Temple Hills, MD,
is $1,843.00. Indeed, when looking to rent in
Temple Hills, MD, you can expect to pay as little
as $920.00 or as much
as $3,560.00,
with the average rent median estimated to
be $1,830.00. The good news is that finding
an affordable and desirable property to rent in Temple Hills, 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.
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