Foreclosure Homes in Smithsburg, MD

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Smithsburg, MD Foreclosures

How much do homes sell for in Smithsburg, MD?
The average home price is currently $346,751.
In Smithsburg, MD, how many homes are available?
There are currently 3,462 active home listings available in Smithsburg.
What’s the average rental cost in Smithsburg, MD?
The average rental price in Smithsburg is $1,452.
What is the most expensive home in Smithsburg, Maryland?
The most expensive home sold in Smithsburg had a price of $2,073,262.
What is currently the cheapest priced home in Smithsburg, MD?
The cheapest home for sale in Smithsburg is priced at $15,925.

Home Value Estimator For Smithsburg, MD

There are currently 3,462 real estate properties in Smithsburg, MD, with a median automated valuation model (AVM) price of $324,536.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Smithsburg, 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 Smithsburg, MD, is $346,751.00, with the most expensive house in Smithsburg, MD, topping out at $2,073,262.00 and the cheapest home in Smithsburg, MD, clocking in at $15,925.00. In other words, there’s something for every potential homebuyer or savvy investor in Smithsburg, MD!

Rent Prices In Smithsburg, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Smithsburg, MD, is on a rollercoaster ride. The average rent price in Smithsburg, MD, is $1,452.00. Indeed, when looking to rent in Smithsburg, MD, you can expect to pay as little as $630.00 or as much as $3,180.00, with the average rent median estimated to be $1,420.00. The good news is that finding an affordable and desirable property to rent in Smithsburg, 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 Smithsburg, MD In 2024

Smithsburg is located in Washington, Maryland, with an estimated municipal population of 2,974 residents. All of the best foreclosed homes for sale in Smithsburg are located in the following zip code areas on 21783. The estimated population per square kilometer (.62 miles) in Smithsburg is 1,093.

Cost Of Living In Smithsburg, MD

So, about how much do homes cost in Smithsburg? The most recent median value of resident-owned homes in Smithsburg is 240,110. An estimated 76.2 percent of households in Smithsburg own their homes, with an average family size of 3.29. The median household income in Smithsburg is 69,464, with36.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Smithsburg, the median commute time of resident workers (in minutes) is 38.9. And last, but certainly not least, are you looking for homes to rent in Smithsburg? If so, the average rent price paid by renters in Smithsburg is 735, according to recent statistics.

Diversity And Demographics In Smithsburg, 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 Smithsburg, 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 Smithsburg is 35.3, split between 45.9 percent male versus 54.1 female. The percentage of residents who report being married in Smithsburg is 57.7, with an average family size of 3.29.

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

White 89.5%
Black / African American 5.9%
Asian 1.2%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.9%
Other 1.5%

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

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

Under 10 15%
Aged 10-19 18%
20s 11%
30s 13.4%
40s 14.6%
50s 12.8%
60s 9.2%
70s 4.8%
80+ 1.3%

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

Pros And Cons Of Living In Smithsburg, Maryland

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

  • 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 Smithsburg.

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

Smithsburg, MD Foreclosures


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