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Foreclosure Homes in Luke, MD

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Hanover-st-Luke-MD-21540
Tax Lien

Hanover St
Luke, MD 21540

Fairview-st-Luke-MD-21540
Tax Lien
$28,305 EMV

Fairview St
Luke, MD 21540

Mullen-ave-Westernport-MD-21540
Tax Lien
$73,100 EMV

Mullen Ave
Westernport, MD 21540

| 1 Bath | 1,236 Sq. Ft.

Displaying 1 - 3 of 3
 

Home Value Estimator For Luke, MD

There are currently 26 real estate properties in Luke, MD, with a median automated valuation model (AVM) price of $44,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Luke, 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 Luke, MD, is $69,312.00, with the most expensive house in Luke, MD, topping out at $392,000.00 and the cheapest home in Luke, MD, clocking in at $22,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Luke, MD!


Rent Prices In Luke, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Luke, MD, is on a rollercoaster ride. The average rent price in Luke, MD, is $1,108.00. Indeed, when looking to rent in Luke, MD, you can expect to pay as little as $790.00 or as much as $1,790.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Luke, 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.


Foreclosure Homes in Luke, MD

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


Top Reasons To Live In Luke, MD In 2021

Luke is located in Allegany, Maryland, with an estimated municipal population of 60 residents. All of the best foreclosed homes for sale in Luke are located in the following zip code areas on Foreclosure.com: 21540. The estimated population per square kilometer (.62 miles) in Luke is 86.


Cost Of Living In Luke, MD

So, about how much do homes cost in Luke? The most recent median value of resident-owned homes in Luke is 31,961. An estimated 68.4 percent of households in Luke own their homes, with an average family size of 2.69. The median household income in Luke is 38,409, with0 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Luke, the median commute time of resident workers (in minutes) is 31.8. And last, but certainly not least, are you looking for homes to rent in Luke? If so, the average rent price paid by renters in Luke is 581, according to recent statistics.


Diversity And Demographics In Luke, 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 Luke, 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 Luke is 29.9, split between 56.9 percent male versus 43.1 female. The percentage of residents who report being married in Luke is 30.1, with an average family size of 2.69.

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

White 97.1%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.9%
Other 0%

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

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

Under 10 25.4%
Aged 10-19 4.9%
20s 20.6%
30s 16.7%
40s 4.9%
50s 9.8%
60s 7.9%
70s 5.9%
80+ 3.9%

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


Pros And Cons Of Living In Luke, Maryland

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

  • 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 Luke.


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

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Listing types in Luke, MD

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