There are currently 17,993 real estate properties in Fort Washington, MD, with a median automated valuation model (AVM) price of $450,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fort Washington, 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 Fort Washington, MD, is $486,860.00, with the most expensive house in Fort Washington, MD, topping out at $45,436,800.00 and the cheapest home in Fort Washington, MD, clocking in at $114,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Fort Washington, MD!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fort Washington, MD, is on a rollercoaster ride. The average rent price in Fort Washington, MD, is $2,246.00. Indeed, when looking to rent in Fort Washington, MD, you can expect to pay as little as $1,030.00 or as much as $5,720.00, with the average rent median estimated to be $2,200.00. The good news is that finding an affordable and desirable property to rent in Fort Washington, 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 Fort Washington, MD area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Fort Washington, MD and much more. Save thousands at closing with home foreclosure listings in Fort Washington, MD — up to 75% off market value!
Fort Washington is located in Prince George's, Maryland, with an estimated municipal population of 24,237 residents. All of the best foreclosed homes for sale in Fort Washington are located in the following zip code areas on Foreclosure.com: 20744 20749. The estimated population per square kilometer (.62 miles) in Fort Washington is 678.
So, about how much do homes cost in Fort Washington? The most recent median value of resident-owned homes in Fort Washington is 358,345. An estimated 90 percent of households in Fort Washington own their homes, with an average family size of 3.49. The median household income in Fort Washington is 117,950, with59.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Fort Washington, the median commute time of resident workers (in minutes) is 44.5. And last, but certainly not least, are you looking for homes to rent in Fort Washington? If so, the average rent price paid by renters in Fort Washington is 2,084, 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 Fort Washington, 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 Fort Washington is 46.9, split between 49.8 percent male versus 50.2 female. The percentage of residents who report being married in Fort Washington is 52.1, with an average family size of 3.49.
The percentage of residents who report their race in Fort Washington is as follows:
|Black / African American||65.6%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0.1%|
Looking for family-friendly neighborhoods in and/or near Fort Washington? Or maybe you are searching for 55+ active adult communities in and/or near Fort Washington?
The percentage of residents who report their age in Fort Washington 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 Fort Washington with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Fort Washington.
How do you know that living in -- or moving to -- Fort Washington is right where you need to be? Perhaps you grew up in Fort Washington or already live nearby; therefore, the decision to buy a home in Fort Washington is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Fort Washington 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 Fort Washington:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Fort Washington.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Fort Washington can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Fort Washington, meanwhile, can field multiple offers from more qualified buyers.
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