There are currently 2,036 real estate properties in Snow Hill, MD, with a median automated valuation model (AVM) price of $248,813.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Snow Hill, 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 Snow Hill, MD, is $266,912.00, with the most expensive house in Snow Hill, MD, topping out at $2,866,900.00 and the cheapest home in Snow Hill, MD, clocking in at $15,719.00. In other words, there’s something for every potential homebuyer or savvy investor in Snow Hill, MD!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Snow Hill, MD, is on a rollercoaster ride. The average rent price in Snow Hill, MD, is $1,306.00. Indeed, when looking to rent in Snow Hill, MD, you can expect to pay as little as $810.00 or as much as $3,040.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in Snow Hill, 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.
Snow Hill is located in Worcester, Maryland, with an estimated municipal population of 2,050 residents. All of the best foreclosed homes for sale in Snow Hill are located in the following zip code areas on Foreclosure.com: 21863. The estimated population per square kilometer (.62 miles) in Snow Hill is 261.
So, about how much do homes cost in Snow Hill? The most recent median value of resident-owned homes in Snow Hill is 146,255. An estimated 55.7 percent of households in Snow Hill own their homes, with an average family size of 3.09. The median household income in Snow Hill is 39,516, with17.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Snow Hill, the median commute time of resident workers (in minutes) is 22.1. And last, but certainly not least, are you looking for homes to rent in Snow Hill? If so, the average rent price paid by renters in Snow Hill is 865, 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 Snow Hill, 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 Snow Hill is 41.2, split between 45.1 percent male versus 54.9 female. The percentage of residents who report being married in Snow Hill is 43.3, with an average family size of 3.09.
The percentage of residents who report their race in Snow Hill is as follows:
| White | 57.3% |
| Black / African American | 34.7% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 8% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Snow Hill? Or maybe you are searching for 55+ active adult communities in and/or near Snow Hill?
The percentage of residents who report their age in Snow Hill is as follows:
| Under 10 | 15.6% |
| Aged 10-19 | 9.1% |
| 20s | 13.1% |
| 30s | 10.5% |
| 40s | 11.8% |
| 50s | 11.5% |
| 60s | 10.6% |
| 70s | 10.7% |
| 80+ | 6.9% |
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 Snow Hill with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Snow Hill.
How do you know that living in -- or moving to -- Snow Hill is right where you need to be? Perhaps you grew up in Snow Hill or already live nearby; therefore, the decision to buy a home in Snow Hill is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Snow Hill 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 Snow Hill:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Snow Hill.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Snow Hill can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Snow Hill, meanwhile, can field multiple offers from more qualified buyers.
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