Garrett County, MD Home Values & Market Trends

The median home price in Garrett County, MD is $317,189.81. There were 645 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 $265,000. The number of current listings in Garrett County, MD is 93, and the percentage of properties for sale is 93.00%. The county has 12 foreclosures, 3 bank owned properties, 4 headed for auction, and 93 properties for sale.

Garrett County, MD Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Oakland

$ 376,305

$ 226/sqft

Accident

$ 242,000

$ 187/sqft

Swanton

$ 1,100,000

$ 377/sqft

Bloomington

$ 79,000

$ 83/sqft

Mc Henry

$ 866,703

$ 368/sqft

Kitzmiller

$ 165,000

$ 122/sqft

Friendsville

$ 526,617

$ 177/sqft

Bittinger

$ --

$ --

Grantsville

$ 130,062

$ 128/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%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

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 $825,000, 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 Grantsville containing 3 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
    Friendsville has 1 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 0.02% 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 $207,364 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 0.57% of residential properties in Garrett County, MD with Oakland containing 52 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 $2,395,227 in Swanton 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 159 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.64% of properties in Garrett County, MD.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Garrett County, MD
      $
      $

      Guide for Garrett County, MD

      Market Reports
      Baltimore Real Estate Market Shows Promising Growth Trend – Mar 2024
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports
      Anchorage 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 Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.

      Anchorage Real Estate Market Report April 2024
      Market Reports|posted 17 April 2024

      An examination of the real estate market in Anchorage, Alaska, comparing property values, sales trends, and foreclosure rates with nearby cities to provide a comprehensive understanding of regional market trends.