Newburg, MD Home Values & Market Trends
Real estate market trends reflect that there have been 34 transactions over the past year in Newburg. The median value for residential home transactions that occurred over the previous year is $372,697.18. The number of current listings in Newburg is 6, and the percentage of properties for sale in the city is 6.00%. Newburg, MD currently has 2 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 6 properties for sale.
Newburg, MD Real Estate Market Overview
Zip | Median Est. Value |
---|---|
20664 | $ 551,371 $ 261/sqft |
Housing Market Summary for Newburg, MD
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $750K | $390.9K | -47.88% |
Median Sold Price | $365K | $390.9K | 7.10% |
Homes For Sale | 5 | 6 | 20.00% |
Homes Sold | 23 | 26 | 13.04% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Newburg, MD
Browse Homes in Newburg, MD
Newburg home values range from $29,562 to $2,513,511. The median estimated value of a home in Newburg is $372,697.18. The median list price of a home is 537,475, and the total count of properties in the city is 1,108.
- Pre-ForeclosurePre-foreclosure homes account for 0.09% of all residential properties in Newburg, MD with 20664 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Newburg, MD; of that zips, the estimated home value for pre-foreclosure homes ranges from $328,790 in 20664 to the lowest home value of $328,790 in 20664.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Newburg, 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 Newburg, MD. There is 1 zips within Newburg, MD; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions20664 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Newburg, MD. Auction homes and other auction properties account for 0.09% of all properties in Newburg, MD. There is 1 zips within Newburg, MD; of that zips, the median estimated home value for homes going to auction ranges from $227,760 in 20664 to the lowest value of $227,760 in 20664.
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More Real Estate Resources for Newburg, MD
Guide for Newburg, MD
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