Foreclosure Homes in Parkville, MD

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Parkville, MD Foreclosures

How much do homes sell for in Parkville, MD?
The average home price is currently $342,862.
In Parkville, MD, how many homes are available?
There are currently 441 active home listings available in Parkville.
What’s the average rental cost in Parkville, MD?
The average rental price in Parkville is $1,561.
What is the most expensive home in Parkville, Maryland?
The most expensive home sold in Parkville had a price of $2,904,000.
What is currently the cheapest priced home in Parkville, MD?
The cheapest home for sale in Parkville is priced at $87,306.

Home Value Estimator For Parkville, MD

There are currently 441 real estate properties in Parkville, MD, with a median automated valuation model (AVM) price of $248,915.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Parkville, 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 Parkville, MD, is $342,862.00, with the most expensive house in Parkville, MD, topping out at $2,904,000.00 and the cheapest home in Parkville, MD, clocking in at $87,306.00. In other words, there’s something for every potential homebuyer or savvy investor in Parkville, MD!

Rent Prices In Parkville, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Parkville, MD, is on a rollercoaster ride. The average rent price in Parkville, MD, is $1,561.00. Indeed, when looking to rent in Parkville, MD, you can expect to pay as little as $990.00 or as much as $3,420.00, with the average rent median estimated to be $1,410.00. The good news is that finding an affordable and desirable property to rent in Parkville, 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 Parkville, MD In 2024

Parkville is located in Baltimore, Maryland, with an estimated municipal population of 31,451 residents. All of the best foreclosed homes for sale in Parkville are located in the following zip code areas on 21234. The estimated population per square kilometer (.62 miles) in Parkville is 2,834.

Cost Of Living In Parkville, MD

So, about how much do homes cost in Parkville? The most recent median value of resident-owned homes in Parkville is 202,834. An estimated 61.1 percent of households in Parkville own their homes, with an average family size of 3.17. The median household income in Parkville is 66,363, with28.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Parkville, the median commute time of resident workers (in minutes) is 28.3. And last, but certainly not least, are you looking for homes to rent in Parkville? If so, the average rent price paid by renters in Parkville is 1,232, according to recent statistics.

Diversity And Demographics In Parkville, 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 Parkville, 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 Parkville is 35.3, split between 45.3 percent male versus 54.7 female. The percentage of residents who report being married in Parkville is 40, with an average family size of 3.17.

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

White 59.1%
Black / African American 34.3%
Asian 2.6%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 2.4%
Other 1.4%

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

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

Under 10 14.5%
Aged 10-19 10.7%
20s 16%
30s 14.4%
40s 11.1%
50s 13%
60s 11.7%
70s 5%
80+ 3.5%

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

Pros And Cons Of Living In Parkville, Maryland

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

  • 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 Parkville.

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

Parkville, MD Foreclosures


Listing types in Parkville, MD

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