There are currently 205 real estate properties in Washington Grove, MD, with a median automated valuation model (AVM) price of $510,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Washington Grove, 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 Washington Grove, MD, is $517,800.00, with the most expensive house in Washington Grove, MD, topping out at $1,021,500.00 and the cheapest home in Washington Grove, MD, clocking in at $252,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Washington Grove, MD!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Washington Grove, MD, is on a rollercoaster ride. The average rent price in Washington Grove, MD, is $2,978.00. Indeed, when looking to rent in Washington Grove, MD, you can expect to pay as little as $1,980.00 or as much as $4,360.00, with the average rent median estimated to be $2,840.00. The good news is that finding an affordable and desirable property to rent in Washington Grove, 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 Washington Grove, MD area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Washington Grove, MD and much more. Save thousands at closing with home foreclosure listings in Washington Grove, MD — up to 75% off market value!
Washington Grove is located in Montgomery, Maryland, with an estimated municipal population of 561 residents. All of the best foreclosed homes for sale in Washington Grove are located in the following zip code areas on Foreclosure.com: 20880 20877. The estimated population per square kilometer (.62 miles) in Washington Grove is 648.
So, about how much do homes cost in Washington Grove? The most recent median value of resident-owned homes in Washington Grove is 448,152. An estimated 87.5 percent of households in Washington Grove own their homes, with an average family size of 3.14. The median household income in Washington Grove is 113,967, with66.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Washington Grove, the median commute time of resident workers (in minutes) is 34.1. And last, but certainly not least, are you looking for homes to rent in Washington Grove? If so, the average rent price paid by renters in Washington Grove is 1,750, 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 Washington Grove, 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 Washington Grove is 52.1, split between 53.5 percent male versus 46.5 female. The percentage of residents who report being married in Washington Grove is 47.9, with an average family size of 3.14.
The percentage of residents who report their race in Washington Grove is as follows:
|Black / African American||16.3%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Washington Grove? Or maybe you are searching for 55+ active adult communities in and/or near Washington Grove?
The percentage of residents who report their age in Washington Grove 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 Washington Grove with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Washington Grove.
How do you know that living in -- or moving to -- Washington Grove is right where you need to be? Perhaps you grew up in Washington Grove or already live nearby; therefore, the decision to buy a home in Washington Grove is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Washington Grove 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 Washington Grove:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Washington Grove.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Washington Grove can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Washington Grove, meanwhile, can field multiple offers from more qualified buyers.