There are currently 1,349 real estate properties in Parsonsburg, MD, with a median automated valuation model (AVM) price of $230,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Parsonsburg, 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 Parsonsburg, MD, is $250,875.00, with the most expensive house in Parsonsburg, MD, topping out at $2,754,000.00 and the cheapest home in Parsonsburg, MD, clocking in at $57,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Parsonsburg, MD!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Parsonsburg, MD, is on a rollercoaster ride. The average rent price in Parsonsburg, MD, is $1,327.00. Indeed, when looking to rent in Parsonsburg, MD, you can expect to pay as little as $710.00 or as much as $2,700.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Parsonsburg, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Parsonsburg, MD area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Parsonsburg, MD and much more. Save thousands at closing with home foreclosure listings in Parsonsburg, MD — up to 75% off market value!
Parsonsburg is located in Wicomico, Maryland, with an estimated municipal population of 420 residents. All of the best foreclosed homes for sale in Parsonsburg are located in the following zip code areas on Foreclosure.com: 21849. The estimated population per square kilometer (.62 miles) in Parsonsburg is 124.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Parsonsburg, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Parsonsburg is 30.3, split between 56.2 percent male versus 43.8 female. The percentage of residents who report being married in Parsonsburg is 69.8, with an average family size of 3.64.
The percentage of residents who report their race in Parsonsburg is as follows:
| White | 84.5% |
| Black / African American | 12.6% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 2.9% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Parsonsburg? Or maybe you are searching for 55+ active adult communities in and/or near Parsonsburg?
The percentage of residents who report their age in Parsonsburg is as follows:
| Under 10 | 17.7% |
| Aged 10-19 | 26.4% |
| 20s | 4% |
| 30s | 11.2% |
| 40s | 24.3% |
| 50s | 4% |
| 60s | 8.5% |
| 70s | 0% |
| 80+ | 3.8% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Parsonsburg with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Parsonsburg.
How do you know that living in -- or moving to -- Parsonsburg is right where you need to be? Perhaps you grew up in Parsonsburg or already live nearby; therefore, the decision to buy a home in Parsonsburg is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Parsonsburg for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Parsonsburg:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Parsonsburg.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Parsonsburg can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Parsonsburg, meanwhile, can field multiple offers from more qualified buyers.
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