Wheaton, MD Foreclosures
How much do homes sell for in Wheaton, MD?
The average home price is currently $510,274.
What’s the average rental cost in Wheaton, MD?
The average rental price in Wheaton is $2,245.
What is the most expensive home in Wheaton?
The most expensive home sold in Wheaton had a price of $3,606,300.
What is currently the cheapest priced home in Wheaton, MD?
The cheapest home for sale in Wheaton is priced at $154,552.
Living in Wheaton, MD
Wheaton, MD is a lively suburb just outside Washington, D.C., boasting a mix of culture, community amenities, and outdoor spaces. It features excellent schools and a well-connected transport system. With its diverse neighborhoods and recreational opportunities, Wheaton is a great place to call home.
Current Market Conditions in Wheaton, MD
The real estate market in Wheaton, MD has remained robust over the past year, reflecting the area's desirability as a suburban destination for families and professionals alike. Average home prices have seen a steady increase, indicative of high demand, though inventory remains a challenge due to low housing supply.
Recent trends show a growing interest in single-family homes and townhouses, with many buyers drawn to the area for its parks, schools, and proximity to Washington D.C. Furthermore, the influx of new developments is expected to accommodate some of the demand, although prices are likely to continue rising.
Home Value Estimator For Wheaton, MD
There are currently 350 real estate properties
in Wheaton, MD,
with a median automated valuation model (AVM) price
of $502,778.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Wheaton, 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 Wheaton, MD,
is $510,274.00, with the most expensive house
in Wheaton, MD, topping out
at $3,606,300.00 and the cheapest home
in Wheaton, MD,
clocking in at $154,552.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Wheaton, MD!
Rent Prices
In Wheaton, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Wheaton, MD, is on
a rollercoaster ride. The
average rent price in Wheaton, MD,
is $2,245.00. Indeed, when looking to rent in
Wheaton, MD, you can expect to pay as little
as $1,400.00 or as much
as $4,030.00,
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 Wheaton, 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
