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Bankruptcy Homes in Deal Island, MD

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Home Value Estimator For Deal Island, MD

There are currently 393 real estate properties in Deal Island, MD, with a median automated valuation model (AVM) price of $182,173.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Deal Island, 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 Deal Island, MD, is $242,021.00, with the most expensive house in Deal Island, MD, topping out at $855,703.00 and the cheapest home in Deal Island, MD, clocking in at $5,166.00. In other words, there’s something for every potential homebuyer or savvy investor in Deal Island, MD!


Rent Prices In Deal Island, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Deal Island, MD, is on a rollercoaster ride. The average rent price in Deal Island, MD, is $1,240.00. Indeed, when looking to rent in Deal Island, MD, you can expect to pay as little as $710.00 or as much as $2,270.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Deal Island, 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 Deal Island, MD In 2024

Deal Island is located in Somerset, Maryland, with an estimated municipal population of 351 residents. All of the best foreclosed homes for sale in Deal Island are located in the following zip code areas on Foreclosure.com: 21821. The estimated population per square kilometer (.62 miles) in Deal Island is 44.


Cost Of Living In Deal Island, MD

So, about how much do homes cost in Deal Island? The most recent median value of resident-owned homes in Deal Island is 142,072. An estimated 100 percent of households in Deal Island own their homes, with an average family size of 2.39. The median household income in Deal Island is 36,029, with21.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Deal Island, the median commute time of resident workers (in minutes) is 34.


Diversity And Demographics In Deal Island, 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 Deal Island, 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 Deal Island is 65.1, split between 45.3 percent male versus 54.7 female. The percentage of residents who report being married in Deal Island is 60.4, with an average family size of 2.39.

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

White 87.5%
Black / African American 2.6%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 1.7%
Multi-racial 8.3%
Other 0%

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

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

Under 10 6.6%
Aged 10-19 1.4%
20s 5.7%
30s 5.7%
40s 16.5%
50s 7.4%
60s 20.5%
70s 24.5%
80+ 11.6%

Best Schools In Deal Island, 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 Deal Island with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Deal Island.


Pros And Cons Of Living In Deal Island, Maryland

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

  • 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 Deal Island.


Reasons To Move To Deal Island, 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 Deal Island can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Deal Island, meanwhile, can field multiple offers from more qualified buyers.

Deal Island, MD Bankruptcy Homes


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