Rent To Own Homes in Hebron, MD

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Home Value Estimator For Hebron, MD

There are currently 1,538 real estate properties in Hebron, MD, with a median automated valuation model (AVM) price of $256,729.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hebron, 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 Hebron, MD, is $276,852.00, with the most expensive house in Hebron, MD, topping out at $2,900,000.00 and the cheapest home in Hebron, MD, clocking in at $28,876.00. In other words, there’s something for every potential homebuyer or savvy investor in Hebron, MD!

Rent Prices In Hebron, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hebron, MD, is on a rollercoaster ride. The average rent price in Hebron, MD, is $1,368.00. Indeed, when looking to rent in Hebron, MD, you can expect to pay as little as $680.00 or as much as $2,540.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Hebron, 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 Hebron, MD In 2024

Hebron is located in Wicomico, Maryland, with an estimated municipal population of 1,096 residents. All of the best foreclosed homes for sale in Hebron are located in the following zip code areas on 21830. The estimated population per square kilometer (.62 miles) in Hebron is 322.

Cost Of Living In Hebron, MD

So, about how much do homes cost in Hebron? The most recent median value of resident-owned homes in Hebron is 137,191. An estimated 71.1 percent of households in Hebron own their homes, with an average family size of 3.24. The median household income in Hebron is 57,434, with25.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hebron, the median commute time of resident workers (in minutes) is 23.1. And last, but certainly not least, are you looking for homes to rent in Hebron? If so, the average rent price paid by renters in Hebron is 950, according to recent statistics.

Diversity And Demographics In Hebron, 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 Hebron, 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 Hebron is 36.2, split between 52.2 percent male versus 47.8 female. The percentage of residents who report being married in Hebron is 44.1, with an average family size of 3.24.

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

White 86.7%
Black / African American 10.3%
Asian 0.3%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.5%
Other 0.3%

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

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

Under 10 10.5%
Aged 10-19 19.5%
20s 13%
30s 15%
40s 11.2%
50s 12.7%
60s 11.3%
70s 2.5%
80+ 4.4%

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

Pros And Cons Of Living In Hebron, Maryland

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

  • 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 Hebron.

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

Hebron, MD Rent To Own Homes


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