Waldorf, MD Foreclosures
How much do homes sell for in Waldorf, MD?
The average home price is currently $488,432.
In Waldorf, MD, how many homes are available?
There are currently 93 active home listings available in Waldorf.
What’s the average rental cost in Waldorf, MD?
The average rental price in Waldorf is $2,355.
What is the most expensive home in Waldorf?
The most expensive home sold in Waldorf had a price of $80,412,128.
What is currently the cheapest priced home in Waldorf, MD?
The cheapest home for sale in Waldorf is priced at $10,183.
Living in Waldorf, MD
Waldorf, located in Charles County, Maryland, is a vibrant community with a rich blend of suburban living and modern conveniences. With its excellent schools, beautiful parks, and shopping centers, it provides a great lifestyle for families and professionals alike. The area is renowned for its easy access to the Washington, D.C. metropolitan region, making it an ideal place for commuters.
Current Market Conditions in Waldorf, MD
The real estate market in Waldorf is currently experiencing a rising trend in home sales, driven by the area's growing popularity among families and young professionals. The average home price has seen a year-over-year increase, reflective of demand outpacing supply, largely due to the town's appealing lifestyle and amenities. As a result, the market is competitive, with homes selling quickly, often at or above the asking price, particularly in sought-after neighborhoods.
Similar to many areas across the country, Waldorf is witnessing a shift towards more buyers entering the market as mortgage interest rates begin to stabilize. This dynamic is creating opportunities for both sellers looking to maximize returns on their properties and buyers seeking homes in a thriving community.
Investors are also taking notice of Waldorf's potential as a growing suburb. The area's expansion of shopping and dining options, coupled with its easy access to major transportation routes and employment centers in D.C., makes it an attractive option for real estate investment. This has led to increased interest in new developments and revitalization efforts in the area.
Home Value Estimator For Waldorf, MD
There are currently 28,766 real estate properties
in Waldorf, MD,
with a median automated valuation model (AVM) price
of $424,470.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Waldorf, 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 Waldorf, MD,
is $488,432.00, with the most expensive house
in Waldorf, MD, topping out
at $80,412,128.00 and the cheapest home
in Waldorf, MD,
clocking in at $10,183.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Waldorf, MD!
Rent Prices
In Waldorf, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Waldorf, MD, is on
a rollercoaster ride. The
average rent price in Waldorf, MD,
is $2,355.00. Indeed, when looking to rent in
Waldorf, MD, you can expect to pay as little
as $970.00 or as much
as $7,920.00,
with the average rent median estimated to
be $2,300.00. The good news is that finding
an affordable and desirable property to rent in Waldorf, 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
