Towson, MD Foreclosures
How much do homes sell for in Towson, MD?
The average home price is currently $656,969.
In Towson, MD, how many homes are available?
There are currently 11 active home listings available in Towson.
What’s the average rental cost in Towson, MD?
The average rental price in Towson is $2,283.
What is the most expensive home in Towson?
The most expensive home sold in Towson had a price of $48,077,220.
What is currently the cheapest priced home in Towson, MD?
The cheapest home for sale in Towson is priced at $11,856.
Living in Towson, MD
Towson, MD, is a thriving suburb known for its strong community feel, excellent educational institutions, and diverse amenities. It balances suburban living with urban conveniences, featuring a lively downtown, abundant parks, and easy access to public transportation. Ideal for families and professionals alike, Towson is an excellent choice for both work and play.
Current Market Conditions in Towson, MD
The real estate market in Towson, MD, has shown ongoing growth with a steady appreciation in home values over the past year. Despite some fluctuations in inventory, demand remains high, especially for single-family homes and townhouses. The area's desirable schools and amenities contribute to a competitive market where homes often sell quickly.
In the last few months, Towson's market has experienced a slight increase in inventory, offering buyers more options than earlier in the year. Yet, with continued demand, home prices have remained stable, making it a strong investment area for both buyers and sellers.
Home Value Estimator For Towson, MD
There are currently 3,258 real estate properties
in Towson, MD,
with a median automated valuation model (AVM) price
of $459,672.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Towson, 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 Towson, MD,
is $656,969.00, with the most expensive house
in Towson, MD, topping out
at $48,077,220.00 and the cheapest home
in Towson, MD,
clocking in at $11,856.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Towson, MD!
Rent Prices
In Towson, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Towson, MD, is on
a rollercoaster ride. The
average rent price in Towson, MD,
is $2,283.00. Indeed, when looking to rent in
Towson, MD, you can expect to pay as little
as $950.00 or as much
as $4,440.00,
with the average rent median estimated to
be $2,220.00. The good news is that finding
an affordable and desirable property to rent in Towson, 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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