There are currently 1,940 real estate properties in Shady Side, MD, with a median automated valuation model (AVM) price of $352,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Shady Side, 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 Shady Side, MD, is $409,406.00, with the most expensive house in Shady Side, MD, topping out at $1,758,800.00 and the cheapest home in Shady Side, MD, clocking in at $139,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Shady Side, MD!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shady Side, MD, is on a rollercoaster ride. The average rent price in Shady Side, MD, is $2,202.00. Indeed, when looking to rent in Shady Side, MD, you can expect to pay as little as $1,260.00 or as much as $3,910.00, 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 Shady Side, 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 Shady Side, MD area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Shady Side, MD and much more. Save thousands at closing with home foreclosure listings in Shady Side, MD — up to 75% off market value!
Shady Side is located in Anne Arundel, Maryland, with an estimated municipal population of 5,423 residents. All of the best foreclosed homes for sale in Shady Side are located in the following zip code areas on Foreclosure.com: 20733 20764 20778. The estimated population per square kilometer (.62 miles) in Shady Side is 314.
So, about how much do homes cost in Shady Side? The most recent median value of resident-owned homes in Shady Side is 324,619. An estimated 89.2 percent of households in Shady Side own their homes, with an average family size of 3.09. The median household income in Shady Side is 108,333, with56.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Shady Side, the median commute time of resident workers (in minutes) is 42.8. And last, but certainly not least, are you looking for homes to rent in Shady Side? If so, the average rent price paid by renters in Shady Side is 1,929, 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 Shady Side, 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 Shady Side is 42.5, split between 48.2 percent male versus 51.8 female. The percentage of residents who report being married in Shady Side is 60.1, with an average family size of 3.09.
The percentage of residents who report their race in Shady Side is as follows:
|Black / African American||7.5%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Shady Side? Or maybe you are searching for 55+ active adult communities in and/or near Shady Side?
The percentage of residents who report their age in Shady Side 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 Shady Side with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Shady Side.
How do you know that living in -- or moving to -- Shady Side is right where you need to be? Perhaps you grew up in Shady Side or already live nearby; therefore, the decision to buy a home in Shady Side is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Shady Side 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 Shady Side:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Shady Side.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Shady Side can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Shady Side, meanwhile, can field multiple offers from more qualified buyers.
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