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Foreclosures in Trappe, MD 21673

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Trappe, MD Foreclosures

How much do homes sell for in Trappe, MD?
The average home price is currently $648,914.
In Trappe, MD, how many homes are available?
There are currently 1 active home listings available in Trappe.
What’s the average rental cost in Trappe, MD?
The average rental price in Trappe is $1,701.
What is the most expensive home in Trappe?
The most expensive home sold in Trappe had a price of $14,500,000.
What is currently the cheapest priced home in Trappe, MD?
The cheapest home for sale in Trappe is priced at $23,289.

Living in Trappe, MD

Trappe, MD, is a picturesque small town that embodies the charm of Maryland's Eastern Shore. With a close-knit community, it offers a peaceful lifestyle surrounded by beautiful scenery and outdoor activities. Residents can enjoy local shops and amenities, contributing to the town's friendly atmosphere.

Current Market Conditions in Trappe, MD

The real estate market in Trappe, MD, has shown steady growth this year, with an increase in demand for homes due to its attractive rural charm and proximity to larger towns. The inventory has been relatively low, which drives prices upward as buyers compete for available properties.

Trappe benefits from a strong community appeal and is popular among those looking for a serene lifestyle away from urban bustle. Home prices are rising, making it a strategic area for potential investments as more families seek refuge in tranquil settings.

Home Value Estimator For Trappe, MD

There are currently 1,591 real estate properties in Trappe, MD, with a median automated valuation model (AVM) price of $414,312.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Trappe, 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 Trappe, MD, is $648,914.00, with the most expensive house in Trappe, MD, topping out at $14,500,000.00 and the cheapest home in Trappe, MD, clocking in at $23,289.00. In other words, there’s something for every potential homebuyer or savvy investor in Trappe, MD!

Rent Prices In Trappe, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Trappe, MD, is on a rollercoaster ride. The average rent price in Trappe, MD, is $1,701.00. Indeed, when looking to rent in Trappe, MD, you can expect to pay as little as $810.00 or as much as $6,080.00, with the average rent median estimated to be $1,610.00. The good news is that finding an affordable and desirable property to rent in Trappe, 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.

Trappe, MD 21673 Foreclosures


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