Bankruptcy Homes in Brentwood, MD

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Home Value Estimator For Brentwood, MD

There are currently 1,532 real estate properties in Brentwood, MD, with a median automated valuation model (AVM) price of $356,690.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Brentwood, 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 Brentwood, MD, is $365,334.00, with the most expensive house in Brentwood, MD, topping out at $850,000.00 and the cheapest home in Brentwood, MD, clocking in at $49,787.00. In other words, there’s something for every potential homebuyer or savvy investor in Brentwood, MD!

Rent Prices In Brentwood, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Brentwood, MD, is on a rollercoaster ride. The average rent price in Brentwood, MD, is $1,873.00. Indeed, when looking to rent in Brentwood, MD, you can expect to pay as little as $1,240.00 or as much as $2,840.00, with the average rent median estimated to be $1,830.00. The good news is that finding an affordable and desirable property to rent in Brentwood, 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.

Top Reasons To Live In Brentwood, MD In 2024

Brentwood is located in Prince George's, Maryland, with an estimated municipal population of 3,471 residents. All of the best foreclosed homes for sale in Brentwood are located in the following zip code areas on 20722 20712. The estimated population per square kilometer (.62 miles) in Brentwood is 3,483.

Cost Of Living In Brentwood, MD

So, about how much do homes cost in Brentwood? The most recent median value of resident-owned homes in Brentwood is 298,770. An estimated 43.4 percent of households in Brentwood own their homes, with an average family size of 4.18. The median household income in Brentwood is 78,750, with35.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Brentwood, the median commute time of resident workers (in minutes) is 37.1. And last, but certainly not least, are you looking for homes to rent in Brentwood? If so, the average rent price paid by renters in Brentwood is 1,409, according to recent statistics.

Diversity And Demographics In Brentwood, Maryland

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 Brentwood, 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 Brentwood is 32.4, split between 50.5 percent male versus 49.5 female. The percentage of residents who report being married in Brentwood is 37.5, with an average family size of 4.18.

The percentage of residents who report their race in Brentwood is as follows:

White 17.8%
Black / African American 25.8%
Asian 3%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.2%
Other 50.3%

Looking for family-friendly neighborhoods in and/or near Brentwood? Or maybe you are searching for 55+ active adult communities in and/or near Brentwood?

The percentage of residents who report their age in Brentwood is as follows:

Under 10 16.7%
Aged 10-19 12.4%
20s 15.6%
30s 16.4%
40s 11.5%
50s 13.7%
60s 7.6%
70s 4.2%
80+ 1.8%

Best Schools In Brentwood, Maryland

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 Brentwood with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Brentwood.

Pros And Cons Of Living In Brentwood, Maryland

How do you know that living in -- or moving to -- Brentwood is right where you need to be? Perhaps you grew up in Brentwood or already live nearby; therefore, the decision to buy a home in Brentwood is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Brentwood 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 Brentwood:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Brentwood.

Reasons To Move To Brentwood, Maryland, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Brentwood can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Brentwood, meanwhile, can field multiple offers from more qualified buyers.

Brentwood, MD Bankruptcy Homes


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