Garrett Park, MD Home Values & Market Trends

Real estate market trends reflect that there have been 11 transactions over the past year in Garrett Park. The median value for residential home transactions that occurred over the previous year is $934,407. The number of current listings in Garrett Park is 2, and the percentage of properties for sale in the city is 2.00%. Garrett Park, MD currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 2 properties for sale.

Garrett Park, MD Real Estate Market Overview

ZipMedian Est. Value
20896

$ 775,279

$ 557/sqft

Housing Market Summary for Garrett Park, MD

Apr 2023March 2024Change
Median Listing Price$1.3M$884.4K-34.44%
Median Sold Price$938.9K$884.4K-5.81%
Homes For Sale11-
Homes Sold99-
Price
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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 Park, MD

Garrett Park home values range from $516,384 to $2,650,000. The median estimated value of a home in Garrett Park is $934,407. The median list price of a home is 912,500, and the total count of properties in the city is 362.

Foreclosure
There is 1 zips within Garrett Park, MD; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Garrett Park, MD with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Garrett Park, MD with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Garrett Park, MD; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Garrett Park, MD ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Garrett Park, MD. There is 1 zips within Garrett Park, MD; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Garrett Park, MD. Auction homes and other auction properties account for 0% of all properties in Garrett Park, MD. There is 1 zips within Garrett Park, MD; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.55% of residential properties in Garrett Park, MD with 20896 containing 2 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Garrett Park, MD; homes for sale in that zips, have a range of median values from $820,559 in 20896 to the lowest value of $730,000 in 20896.
    Sold Homes
    The median value for recently sold homes ranges from $1,300,000 in 20896 to the lowest price of $777,439 in 20896. There is 1 zips within Garrett Park, MD. 20896 has 6 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.66% of properties in Garrett Park, MD.

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      Guide for Garrett Park, MD

      Market Reports
      Baltimore Real Estate Market Shows Promising Growth Trend – Mar 2024
      A home foreclosure
      Foreclosure
      Impact of Foreclosure on Neighborhood Property Values
      Home Buying Guides & Tips
      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      New York
      San Antonio Real Estate Market Report – April 2024
      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.

      A home foreclosure
      Impact of Foreclosure on Neighborhood Property Values
      Foreclosure|posted 30 April 2024

      What is the impact on nearby house values of a foreclosed home?

      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips|posted 26 April 2024

      Are you considering purchasing a foreclosure for your first home? Let’s look potential pitfalls, and essential tips to make an informed decision.

      San Antonio Real Estate Market Report – April 2024
      New York|posted 26 April 2024

      The San Antonio real estate market in 2024 is experiencing a slight decline in average property values, an increase in value per square foot, and a decrease in sales volume.

      Recently Listed Homes Garrett Park, MD

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