Allegany County, MD Real Estate & Property Data

Allegany County Real Estate Market Trends
Last Updated: April 18, 2024

With up-to-date real estate data get detailed insight into Allegany County, MD sourced from the nation’s leading property data provider. The current median home price in Allegany County, MD is $160,000. Allegany County real estate data shows that there have been a total of 1,203 residential properties sold over the past 12 months. ATTOM’s Allegany County real estate data indicates that the county has 13 properties in foreclosure and 4 REOs (real estate bank owned) properties.

Allegany County Real Estate Market Trends
Total Residential Properties 26,311
Total Commercial Properties 2,533
Avg. Home Age (Single Family Home) 71 Years
Avg. Square Feet (Single Family Home) 1,510
Total 2024 Residential Sales (year-to-date) 191
% of Homes Seriously Underwater (Q2 2024) 1.05%
Total 2023 Residential Sales 1,105
% of Equity Rich Homes (Q2 2024) 31.5%
Effective 2023 Property Tax 0.75%
Total Foreclosure Filings (year-to-date) 23
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Allegany County, MD Real Estate Overview

There were 1,203 residential properties sold in the past year in Allegany County, MD. The median home value in Allegany County, MD is $133,918. There are a total of 26,311 residential properties in the Allegany.

Median Sales Price i
$160,000
(Feb 2024)
+10.3%
year-over-year
y-o-y
  • February '24 Feb '24 $160,000
  • January '24 Jan '24 $160,400
  • December '23 Dec '23 $138,500
  • November '23 Nov '23 $150,000
  • October '23 Oct '23 $169,900
  • September '23 Sep '23 $165,500
  • August '23 Aug '23 $140,500
  • July '23 Jul '23 $127,200
  • June '23 Jun '23 $150,000
  • May '23 May '23 $139,950
  • April '23 Apr '23 $139,000
  • March '23 Mar '23 $134,949
Median Down Payment i
$34,000
(Feb 2024)
+202.2%
year-over-year
y-o-y
  • February '24 Feb '24 $34,000
  • January '24 Jan '24 $22,000
  • December '23 Dec '23 $20,750
  • November '23 Nov '23 $18,901
  • October '23 Oct '23 $15,802
  • September '23 Sep '23 $17,500
  • August '23 Aug '23 $10,000
  • July '23 Jul '23 $12,505
  • June '23 Jun '23 $5,978
  • May '23 May '23 $4,777
  • April '23 Apr '23 $10,000
  • March '23 Mar '23 $15,197
Number of Homes Sold i
82
(Feb 2024)
-22.6%
year-over-year
y-o-y
  • February '24 Feb '24 82
  • January '24 Jan '24 109
  • December '23 Dec '23 94
  • November '23 Nov '23 79
  • October '23 Oct '23 102
  • September '23 Sep '23 89
  • August '23 Aug '23 81
  • July '23 Jul '23 45
  • June '23 Jun '23 128
  • May '23 May '23 102
  • April '23 Apr '23 93
  • March '23 Mar '23 93
Number of Purchase Loans i
40
(Feb 2024)
-47.4%
year-over-year
y-o-y
  • February '24 Feb '24 40
  • January '24 Jan '24 56
  • December '23 Dec '23 54
  • November '23 Nov '23 37
  • October '23 Oct '23 53
  • September '23 Sep '23 53
  • August '23 Aug '23 54
  • July '23 Jul '23 34
  • June '23 Jun '23 70
  • May '23 May '23 57
  • April '23 Apr '23 51
  • March '23 Mar '23 46
Number of REFI Loans i
41
(Feb 2024)
+64%
year-over-year
y-o-y
  • February '24 Feb '24 41
  • January '24 Jan '24 26
  • December '23 Dec '23 34
  • November '23 Nov '23 32
  • October '23 Oct '23 47
  • September '23 Sep '23 40
  • August '23 Aug '23 32
  • July '23 Jul '23 23
  • June '23 Jun '23 40
  • May '23 May '23 35
  • April '23 Apr '23 37
  • March '23 Mar '23 43
Number of HELOC Loans i
4
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 12
  • December '23 Dec '23 9
  • November '23 Nov '23 11
  • October '23 Oct '23 13
  • September '23 Sep '23 8
  • August '23 Aug '23 18
  • July '23 Jul '23 10
  • June '23 Jun '23 11
  • May '23 May '23 16
  • April '23 Apr '23 10
  • March '23 Mar '23 7

Allegany County, MD Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Allegany County, MD Foreclosure Activity

There were a total of 13 Allegany County, MD properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 6 Allegany County, MD properties and repossessed 4 Allegany County, MD properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
13
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 13
  • January '24 Jan '24 10
  • December '23 Dec '23 14
  • November '23 Nov '23 9
  • October '23 Oct '23 7
  • September '23 Sep '23 14
  • August '23 Aug '23 8
  • July '23 Jul '23 9
  • June '23 Jun '23 6
  • May '23 May '23 12
  • April '23 Apr '23 7
  • March '23 Mar '23 8
Foreclosure Starts i
6
(Feb 2024)
-25%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 6
  • December '23 Dec '23 7
  • November '23 Nov '23 7
  • October '23 Oct '23 4
  • September '23 Sep '23 11
  • August '23 Aug '23 7
  • July '23 Jul '23 7
  • June '23 Jun '23 5
  • May '23 May '23 10
  • April '23 Apr '23 5
  • March '23 Mar '23 4
Completed Foreclosures (REOs) i
4
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 5
  • December '23 Dec '23 6
  • November '23 Nov '23 2
  • October '23 Oct '23 1
  • September '23 Sep '23 3
  • August '23 Aug '23 1
  • July '23 Jul '23 6
  • June '23 Jun '23 2
  • May '23 May '23 11
  • April '23 Apr '23 2
  • March '23 Mar '23 4
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