Garrett County, MD Home Values & Market Trends

The median home price in Garrett County, MD is $317,224.77. There were 654 home sales in Garrett County, MD over the past 12 months. The median residential Garrett County, MD home value for transactions over the previous year is $265,300. The number of current listings in Garrett County, MD is 99, and the percentage of properties for sale is 99.00%. The county has 13 foreclosures, 3 bank owned properties, 5 headed for auction, and 99 properties for sale.

Garrett County, MD Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Oakland

$ 375,602

$ 223/sqft

Accident

$ 242,000

$ 187/sqft

Swanton

$ 962,500

$ 340/sqft

Bloomington

$ 79,000

$ 83/sqft

Mc Henry

$ 795,000

$ 310/sqft

Kitzmiller

$ 165,000

$ 122/sqft

Friendsville

$ 526,617

$ 177/sqft

Bittinger

$ --

$ --

Grantsville

$ 185,478

$ 117/sqft

Housing Market Summary for Garrett County, MD

Apr 2023March 2024Change
Median Listing Price$380K$381.9K0.49%
Median Sold Price$306.4K$381.9K24.63%
Homes For Sale9580-15.79%
Homes Sold417416-0.24%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Garrett County, MD

Garrett County, MD home values range from $22,157 to $8,470,499. Swanton is the priciest city with a median listing home price of $787,000, and Bloomington is most affordable with average house prices of around $79,000.

Foreclosure
There are 9 cities within Garrett County, MD; within these cities, the median estimated home value for homes in foreclosure ranges from $277,123 in Bloomington to the lowest value of $103,499 in Bloomington. Foreclosure homes account for 0.00% of properties in Garrett County, MD with Oakland containing 4 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.03% of all residential properties in Garrett County, MD with Bloomington containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 9 cities within Garrett County, MD; of those cities, the estimated home value for pre-foreclosure homes ranges from $103,499 in Grantsville to the lowest home value of $103,499 in Bloomington.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Garrett County, MD ranges from the highest value of $285,823 in Grantsville to the lowest value of $144,188 in Oakland. Bank owned homes and properties account for 0.02% of properties in Garrett County, MD. There are 9 cities within Garrett County, MD; Grantsville containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Oakland has 2 auction properties, the highest number of properties going to auction in a single city in the state of Garrett County, MD. Auction homes and other auction properties account for 0.03% of all properties in Garrett County, MD. There are 9 cities within Garrett County, MD; of those cities, the median estimated home value for homes going to auction ranges from $399,900 in Swanton to the lowest value of $169,592 in Swanton.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.61% of residential properties in Garrett County, MD with Oakland containing 54 homes for sale, the highest number of listed properties in a single city. There are 9 cities within Garrett County, MD; homes for sale in those cities, have a range of median values from $1,617,151 in Mc Henry to the lowest value of $74,542 in Grantsville.
    Sold Homes
    The median value for recently sold homes ranges from $2,550,000 in Mc Henry to the lowest price of $25,973 in Mc Henry. There are 9 cities within Garrett County, MD. Oakland has 163 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.70% of properties in Garrett County, MD.

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      Guide for Garrett County, MD

      Market Reports
      Baltimore Real Estate Market Shows Promising Growth Trend – Mar 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      See More Articles
      Baltimore Real Estate Market Shows Promising Growth Trend – Mar 2024
      Market Reports|posted 12 March 2024

      Baltimore’s real estate market showcases significant growth with increasing property values and sale prices, indicating robust demand and investor confidence.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.