Mechanicsville, MD Home Values & Market Trends
Real estate market trends reflect that there have been 248 transactions over the past year in Mechanicsville. The median value for residential home transactions that occurred over the previous year is $392,337.68. The number of current listings in Mechanicsville is 47, and the percentage of properties for sale in the city is 47.00%. Mechanicsville, MD currently has 22 properties in foreclosure, 5 bank owned properties, 11 properties headed for auction, and 47 properties for sale.
Mechanicsville, MD Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 20659 | $ 429,356 $ 211/sqft |
Housing Market Summary for Mechanicsville, MD
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $412.4K | $382.3K | -7.32% |
| Median Sold Price | $357K | $382.3K | 7.08% |
| Homes For Sale | 32 | 45 | 40.63% |
| Homes Sold | 149 | 139 | -6.71% |
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 Mechanicsville, MD
Browse Homes in Mechanicsville, MD
Mechanicsville home values range from $25,000 to $2,628,879. The median estimated value of a home in Mechanicsville is $392,337.68. The median list price of a home is 399,900, and the total count of properties in the city is 7,858.
- Pre-ForeclosurePre-foreclosure homes account for 0.08% of all residential properties in Mechanicsville, MD with 20659 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Mechanicsville, MD; of that zips, the estimated home value for pre-foreclosure homes ranges from $488,632 in 20659 to the lowest home value of $219,096 in 20659.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Mechanicsville, MD ranges from the highest value of $479,900 in 20659 to the lowest value of $227,551 in 20659. Bank owned homes and properties account for 0.06% of properties in Mechanicsville, MD. There is 1 zips within Mechanicsville, MD; 20659 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions20659 has 11 auction properties, the highest number of properties going to auction in a single zip in the state of Mechanicsville, MD. Auction homes and other auction properties account for 0.14% of all properties in Mechanicsville, MD. There is 1 zips within Mechanicsville, MD; of that zips, the median estimated home value for homes going to auction ranges from $539,879 in 20659 to the lowest value of $284,454 in 20659.
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Guide for Mechanicsville, MD
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