There are currently 543 real estate properties in Piney Point, MD, with a median automated valuation model (AVM) price of $369,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Piney Point, 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 Piney Point, MD, is $437,693.00, with the most expensive house in Piney Point, MD, topping out at $2,000,000.00 and the cheapest home in Piney Point, MD, clocking in at $39,402.00. In other words, there’s something for every potential homebuyer or savvy investor in Piney Point, MD!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Piney Point, MD, is on a rollercoaster ride. The average rent price in Piney Point, MD, is $1,668.00. Indeed, when looking to rent in Piney Point, MD, you can expect to pay as little as $860.00 or as much as $3,140.00, with the average rent median estimated to be $1,580.00. The good news is that finding an affordable and desirable property to rent in Piney Point, 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.
Piney Point is located in St. Mary's, Maryland, with an estimated municipal population of 794 residents. All of the best foreclosed homes for sale in Piney Point are located in the following zip code areas on Foreclosure.com: 20674 20690. The estimated population per square kilometer (.62 miles) in Piney Point is 200.
So, about how much do homes cost in Piney Point? The most recent median value of resident-owned homes in Piney Point is 360,568. An estimated 78.7 percent of households in Piney Point own their homes, with an average family size of 2.58. The median household income in Piney Point is 112,625, with50.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Piney Point, the median commute time of resident workers (in minutes) is 32.6.
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 Piney Point, 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 Piney Point is 51.1, split between 55.7 percent male versus 44.3 female. The percentage of residents who report being married in Piney Point is 63.3, with an average family size of 2.58.
The percentage of residents who report their race in Piney Point is as follows:
| White | 79.7% |
| Black / African American | 11.8% |
| Asian | 2.1% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 3.7% |
| Other | 2.6% |
Looking for family-friendly neighborhoods in and/or near Piney Point? Or maybe you are searching for 55+ active adult communities in and/or near Piney Point?
The percentage of residents who report their age in Piney Point is as follows:
| Under 10 | 4.8% |
| Aged 10-19 | 6.7% |
| 20s | 17.7% |
| 30s | 13% |
| 40s | 5.8% |
| 50s | 13.3% |
| 60s | 22% |
| 70s | 10.5% |
| 80+ | 6.3% |
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 Piney Point with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Piney Point.
How do you know that living in -- or moving to -- Piney Point is right where you need to be? Perhaps you grew up in Piney Point or already live nearby; therefore, the decision to buy a home in Piney Point is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Piney Point 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 Piney Point:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Piney Point.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Piney Point can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Piney Point, meanwhile, can field multiple offers from more qualified buyers.
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