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Short Sale Listings in Sykesville, MD

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26 Mineral-hill-rd-Sykesville-MD-21784
Short Sale
$319,000 List Price

Mineral Hill Rd
Sykesville, MD 21784

3 Bed | 2 Bath | 1,788 Sq. Ft.

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Home Value Estimator For Sykesville, MD

There are currently 8,911 real estate properties in Sykesville, MD, with a median automated valuation model (AVM) price of $442,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sykesville, 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 Sykesville, MD, is $476,094.00, with the most expensive house in Sykesville, MD, topping out at $4,450,000.00 and the cheapest home in Sykesville, MD, clocking in at $158,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Sykesville, MD!


Rent Prices In Sykesville, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sykesville, MD, is on a rollercoaster ride. The average rent price in Sykesville, MD, is $2,130.00. Indeed, when looking to rent in Sykesville, MD, you can expect to pay as little as $1,070.00 or as much as $3,500.00, with the average rent median estimated to be $2,050.00. The good news is that finding an affordable and desirable property to rent in Sykesville, 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.


Foreclosure Homes in Sykesville, MD

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Sykesville, MD area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Sykesville, MD and much more. Save thousands at closing with home foreclosure listings in Sykesville, MD — up to 75% off market value!


Top Reasons To Live In Sykesville, MD In 2021

Sykesville is located in Carroll, Maryland, with an estimated municipal population of 3,958 residents. All of the best foreclosed homes for sale in Sykesville are located in the following zip code areas on Foreclosure.com: 21784. The estimated population per square kilometer (.62 miles) in Sykesville is 969.


Cost Of Living In Sykesville, MD

So, about how much do homes cost in Sykesville? The most recent median value of resident-owned homes in Sykesville is 369,623. An estimated 68.8 percent of households in Sykesville own their homes, with an average family size of 3.31. The median household income in Sykesville is 109,393, with55.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Sykesville, the median commute time of resident workers (in minutes) is 32.9. And last, but certainly not least, are you looking for homes to rent in Sykesville? If so, the average rent price paid by renters in Sykesville is 1,356, according to recent statistics.


Diversity And Demographics In Sykesville, 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 Sykesville, 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 Sykesville is 35.7, split between 52.8 percent male versus 47.2 female. The percentage of residents who report being married in Sykesville is 60.3, with an average family size of 3.31.

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

White 93.4%
Black / African American 2.5%
Asian 2.3%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.7%
Other 0%

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

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

Under 10 19%
Aged 10-19 8.2%
20s 12.8%
30s 20.1%
40s 8.4%
50s 12.8%
60s 11.3%
70s 4%
80+ 3.4%

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


Pros And Cons Of Living In Sykesville, Maryland

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

  • 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 Sykesville.


Reasons To Move To Sykesville, Maryland, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Sykesville can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Sykesville, meanwhile, can field multiple offers from more qualified buyers.

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