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Commercial Foreclosure in Elkridge, MD

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Hercules-rd-Annapolis-junction-MD-20701
Tax Lien
$486,905 EMV

Hercules Rd
Annapolis Junction, MD 20701

Woodbine-rd-Woodbine-MD-21797
Tax Lien

Woodbine Rd
Woodbine, MD 21797

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Foreclosure Homes in Elkridge, MD

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Elkridge, MD area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Elkridge, MD and much more. Save thousands at closing with home foreclosure listings in Elkridge, MD — up to 75% off market value!


Top Reasons To Live In Elkridge, MD In 2021

Elkridge is located in Howard, Maryland, with an estimated municipal population of 21,458 residents. All of the best foreclosed homes for sale in Elkridge are located in the following zip code areas on Foreclosure.com: 21075. The estimated population per square kilometer (.62 miles) in Elkridge is 987.


Cost Of Living In Elkridge, MD

So, about how much do homes cost in Elkridge? The most recent median value of resident-owned homes in Elkridge is 364,192. An estimated 62.5 percent of households in Elkridge own their homes, with an average family size of 3.27. The median household income in Elkridge is 100,068, with50 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Elkridge, the median commute time of resident workers (in minutes) is 29.4. And last, but certainly not least, are you looking for homes to rent in Elkridge? If so, the average rent price paid by renters in Elkridge is 1,783, according to recent statistics.


Diversity And Demographics In Elkridge, 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 Elkridge, 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 Elkridge is 33.9, split between 47.5 percent male versus 52.5 female. The percentage of residents who report being married in Elkridge is 55.6, with an average family size of 3.27.

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

White 53.1%
Black / African American 25%
Asian 15.5%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4.6%
Other 1.7%

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

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

Under 10 15.9%
Aged 10-19 14.2%
20s 12.5%
30s 18.8%
40s 14.8%
50s 12.7%
60s 8%
70s 2.1%
80+ 0.9%

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


Pros And Cons Of Living In Elkridge, Maryland

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

  • 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 Elkridge.


Reasons To Move To Elkridge, Maryland, In 2021

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

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Listing types in Elkridge, MD

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