There are currently 33,760 real estate properties in Upper Marlboro, MD, with a median automated valuation model (AVM) price of $395,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Upper Marlboro, 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 Upper Marlboro, MD, is $419,828.00, with the most expensive house in Upper Marlboro, MD, topping out at $21,605,700.00 and the cheapest home in Upper Marlboro, MD, clocking in at $62,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Upper Marlboro, MD!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Upper Marlboro, MD, is on a rollercoaster ride. The average rent price in Upper Marlboro, MD, is $2,580.00. Indeed, when looking to rent in Upper Marlboro, MD, you can expect to pay as little as $1,260.00 or as much as $5,470.00, with the average rent median estimated to be $2,510.00. The good news is that finding an affordable and desirable property to rent in Upper Marlboro, 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 Upper Marlboro, MD area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Upper Marlboro, MD and much more. Save thousands at closing with home foreclosure listings in Upper Marlboro, MD — up to 75% off market value!
Upper Marlboro is located in Prince George's, Maryland, with an estimated municipal population of 673 residents. All of the best foreclosed homes for sale in Upper Marlboro are located in the following zip code areas on Foreclosure.com: 20772 20773 20792. The estimated population per square kilometer (.62 miles) in Upper Marlboro is 632.
So, about how much do homes cost in Upper Marlboro? The most recent median value of resident-owned homes in Upper Marlboro is 227,393. An estimated 80.6 percent of households in Upper Marlboro own their homes, with an average family size of 3.3. The median household income in Upper Marlboro is 96,125, with46.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Upper Marlboro, the median commute time of resident workers (in minutes) is 40.2. And last, but certainly not least, are you looking for homes to rent in Upper Marlboro? If so, the average rent price paid by renters in Upper Marlboro is 1,893, 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 Upper Marlboro, 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 Upper Marlboro is 38.1, split between 43.7 percent male versus 56.3 female. The percentage of residents who report being married in Upper Marlboro is 29.7, with an average family size of 3.3.
The percentage of residents who report their race in Upper Marlboro is as follows:
|Black / African American||64.6%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Upper Marlboro? Or maybe you are searching for 55+ active adult communities in and/or near Upper Marlboro?
The percentage of residents who report their age in Upper Marlboro 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 Upper Marlboro with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Upper Marlboro.
How do you know that living in -- or moving to -- Upper Marlboro is right where you need to be? Perhaps you grew up in Upper Marlboro or already live nearby; therefore, the decision to buy a home in Upper Marlboro is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Upper Marlboro 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 Upper Marlboro:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Upper Marlboro.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Upper Marlboro can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Upper Marlboro, meanwhile, can field multiple offers from more qualified buyers.
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