Living in Tilghman, MD
Tilghman, Maryland is a quaint waterfront community located on the Eastern Shore. With its scenic views of the Chesapeake Bay, residents enjoy a peaceful lifestyle surrounded by nature. This close-knit town offers a charming selection of local shops, restaurants, and outdoor activities, making it an ideal place for families and retirees alike.
Current Market Conditions in Tilghman, MD
The real estate market in Tilghman, MD is currently experiencing a steady demand for waterfront properties. With a limited supply of available homes, buyers are finding themselves competing for a handful of desirable listings, leading to slightly higher prices as sellers capitalize on the increased interest. The charm and appeal of waterfront living have drawn attention to the region, making it a desirable choice for both second-home buyers and retirees looking to settle down in a quiet coastal setting.
Over the past year, the real estate market has remained resilient, with home values appreciating steadily as more people seek refuge in serene environments away from urban centers. The pandemic's aftermath has reaffirmed the desire for more space and nature, pushing buyers towards areas like Tilghman where outdoor activities are a primary focus.
Home Value Estimator For Tilghman, MD
There are currently 684 real estate properties
in Tilghman, MD,
with a median automated valuation model (AVM) price
of $443,793.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Tilghman, 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 Tilghman, MD,
is $552,913.00, with the most expensive house
in Tilghman, MD, topping out
at $3,149,858.00 and the cheapest home
in Tilghman, MD,
clocking in at $48,236.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Tilghman, MD!
Rent Prices
In Tilghman, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Tilghman, MD, is on
a rollercoaster ride. The
average rent price in Tilghman, MD,
is $1,621.00. Indeed, when looking to rent in
Tilghman, MD, you can expect to pay as little
as $900.00 or as much
as $3,220.00,
with the average rent median estimated to
be $1,600.00. The good news is that finding
an affordable and desirable property to rent in Tilghman, 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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