Galena, MD Home Values & Market Trends

Real estate market trends reflect that there have been 25 transactions over the past year in Galena. The median value for residential home transactions that occurred over the previous year is $338,631.68. The number of current listings in Galena is 1, and the percentage of properties for sale in the city is 1.00%. Galena, MD currently has 3 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 1 properties for sale.

Housing Market Summary for Galena, MD

Apr 2023March 2024Change
Median Listing Price$217.5K$344.4K58.36%
Median Sold Price$321.3K$344.4K7.21%
Homes For Sale42-50.00%
Homes Sold1313-
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 Galena, MD

Galena home values range from $28,144 to $1,901,441. The median estimated value of a home in Galena is $338,631.68. The median list price of a home is 548,000, and the total count of properties in the city is 730.

Foreclosure
There is 1 zips within Galena, MD; within this zips, the median estimated home value for homes in foreclosure ranges from $386,453 in 21635 to the lowest value of $212,000 in 21635. Foreclosure homes account for 0.00% of properties in Galena, MD with 21635 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Galena, 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 Galena, 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 Galena, MD ranges from the highest value of $212,000 in 21635 to the lowest value of $212,000 in 21635. Bank owned homes and properties account for 0.14% of properties in Galena, MD. There is 1 zips within Galena, MD; 21635 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    21635 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Galena, MD. Auction homes and other auction properties account for 0.27% of all properties in Galena, MD. There is 1 zips within Galena, MD; of that zips, the median estimated home value for homes going to auction ranges from $386,453 in 21635 to the lowest value of $311,596 in 21635.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.14% of residential properties in Galena, MD with 21635 containing 2 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Galena, MD; homes for sale in that zips, have a range of median values from $650,617 in 21635 to the lowest value of $519,144 in 21635.
    Sold Homes
    The median value for recently sold homes ranges from $934,255 in 21635 to the lowest price of $174,825 in 21635. There is 1 zips within Galena, MD. 21635 has 17 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.64% of properties in Galena, MD.

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      Guide for Galena, MD

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      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 new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.

      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      Market Reports|posted 4 April 2024

      The Charleston real estate market has displayed notable fluctuations in property values, with trends for sales volume, square foot costs, and average sale price showing a general upward trajectory.

      Recently Listed Homes Galena, MD

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