There are currently 1,562 real estate properties in Cresaptown, MD, with a median automated valuation model (AVM) price of $132,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cresaptown, 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 Cresaptown, MD, is $144,654.00, with the most expensive house in Cresaptown, MD, topping out at $687,500.00 and the cheapest home in Cresaptown, MD, clocking in at $23,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Cresaptown, MD!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cresaptown, MD, is on a rollercoaster ride. The average rent price in Cresaptown, MD, is $1,228.00. Indeed, when looking to rent in Cresaptown, MD, you can expect to pay as little as $630.00 or as much as $2,470.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Cresaptown, 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 Cresaptown, MD area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Cresaptown, MD and much more. Save thousands at closing with home foreclosure listings in Cresaptown, MD — up to 75% off market value!
Cresaptown is located in Allegany, Maryland, with an estimated municipal population of 5,916 residents. All of the best foreclosed homes for sale in Cresaptown are located in the following zip code areas on Foreclosure.com: 21502 21556. The estimated population per square kilometer (.62 miles) in Cresaptown is 373.
So, about how much do homes cost in Cresaptown? The most recent median value of resident-owned homes in Cresaptown is 138,268. An estimated 72.3 percent of households in Cresaptown own their homes, with an average family size of 2.75. The median household income in Cresaptown is 46,046, with10.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cresaptown, the median commute time of resident workers (in minutes) is 21.9. And last, but certainly not least, are you looking for homes to rent in Cresaptown? If so, the average rent price paid by renters in Cresaptown is 721, according to recent statistics.
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 Cresaptown, 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 Cresaptown is 42.7, split between 78.1 percent male versus 21.9 female. The percentage of residents who report being married in Cresaptown is 28.2, with an average family size of 2.75.
The percentage of residents who report their race in Cresaptown is as follows:
|Black / African American||41.2%|
|American Indian / Alaskan Native||0.5%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Cresaptown? Or maybe you are searching for 55+ active adult communities in and/or near Cresaptown?
The percentage of residents who report their age in Cresaptown is as follows:
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 Cresaptown with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cresaptown.
How do you know that living in -- or moving to -- Cresaptown is right where you need to be? Perhaps you grew up in Cresaptown or already live nearby; therefore, the decision to buy a home in Cresaptown is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cresaptown 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 Cresaptown:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cresaptown.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cresaptown can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cresaptown, meanwhile, can field multiple offers from more qualified buyers.