Real Estate in St. Michaels, the United States
Last updated on Feb 21, 2023
Summary: The most desirable neighborhoods in St. Michaels, United States are Easton, Tilghman, and Oxford. The average cost to buy a nice 2 bedroom home in St. Michaels is around $250,000, while a nice 3 bedroom home can cost around $350,000. These properties typically include modern amenities such as updated kitchens, bathrooms, and living spaces. They may also include outdoor features such as decks, patios, and landscaping. Foreign ownership of properties in St. Michaels is generally allowed, however, there may be restrictions depending on the type of property and the buyer's nationality. An expat looking to buy a home in St. Michaels should begin by researching the local real estate market and familiarizing themselves with the area. They should also consider working with a local real estate agent who can help them find the right property for their needs. Additionally, they should consider researching financing options and any applicable taxes or fees.
How do I find a place to live in St. Michaels?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"If you are looking for a place to live in St. Michaels, there are a variety of options available. You can search online for rental listings, or contact a local real estate agent to help you find a suitable property. Additionally, you can look for rental postings in local newspapers or on bulletin boards in the area. You can also ask friends and family if they know of any available properties. Finally, you can visit the town and look for "For Rent" signs in the windows of local businesses," said one expat who made the move to St. Michaels.
What is a typical expat home or apartment like in St. Michaels?
"Expat homes and apartments in St. Michaels are typically spacious and comfortable, with plenty of natural light and modern amenities. Many of the homes and apartments have large windows that offer stunning views of the Chesapeake Bay and the surrounding countryside. Expats can also enjoy access to a variety of outdoor activities, such as sailing, fishing, and kayaking. The town also offers a variety of restaurants, shops, and other attractions, making it a great place to live for expats," explained one expat living in St. Michaels, the United States.
What is the average cost of housing in St. Michaels?
If you are thinking about moving to St. Michaels, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in St. Michaels is generally higher than the national average. The median home value in St. Michaels is around $400,000, with the median rent being around $1,500 per month," remarked one foreigner who made the move to St. Michaels.
Should I buy or rent a home in St. Michaels?
If you have not spent a lot of time in St. Michaels, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Buying a home in St. Michaels can be a great investment. The area is known for its beautiful scenery, historic charm, and close proximity to the Chesapeake Bay. The cost of living is relatively low compared to other areas in Maryland, and the town is home to a variety of amenities and activities. Renting a home in St. Michaels can also be a great option, as it allows you to enjoy the area without the commitment of a long-term purchase. Whether you decide to buy or rent, St. Michaels is a great place to call home," said one expat who made the move to St. Michaels.
What do I need to know when buying property in St. Michaels?
When we asked expats what advice they would give a foreigner before buying a property in St. Michaels, they said:
"When buying property in St. Michaels, it is important to research the local market and understand the area's zoning regulations. It is also important to consider the cost of living in the area, as well as the availability of public transportation, schools, and other amenities. Additionally, it is important to consider the potential for future development in the area, as well as any potential environmental hazards. Finally, it is important to work with a qualified real estate agent who is familiar with the area and can provide guidance throughout the process," explained one expat in St. Michaels.
Are foreigners allowed to own property in St. Michaels?
When we asked expats what advice they would give a foreigner before buying a property in St. Michaels, they said...
"Yes, foreigners are allowed to own property in St. Michaels. There are no restrictions on foreign ownership of real estate in the state of Maryland. However, foreign buyers should be aware that they may be subject to certain taxes and fees, such as transfer taxes, income taxes, and capital gains taxes. Additionally, foreign buyers should be aware of any local zoning laws that may affect their ability to purchase or use the property," said one expat in St. Michaels.
What appliances are typically included in a rental?
We asked foreigners in St. Michaels what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in St. Michaels typically include a refrigerator, stove, oven, dishwasher, and washer and dryer. Other common appliances may include a microwave, garbage disposal, and air conditioning unit," explained one foreigner living in St. Michaels, the United States.
Additional Information about Searching for a Home in St. Michaels:
We asked foreigners in St. Michaels what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats looking for homes in St. Michaels can search online for real estate listings, contact local real estate agents, or attend open houses to find the perfect home. They can also search for rental properties or look for homes that are for sale by owner. Additionally, expats can join local Facebook groups or online forums to connect with other expats and ask for advice on finding a home in St. Michaels," said one person in St. Michaels.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
- What should I pack when moving to St. Michaels?
- Where should I setup a bank account in St. Michaels?
- Will I be able to find a job in St. Michaels?
- What is life like as an expat in your area?
- What do expats in St. Michaels appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in St. Michaels?
- Is there a lot of diversity? Are people in St. Michaels accepting of differences?
- What are the schools in St. Michaels like?
- How are healthcare services St. Michaels?
- What are medical services in St. Michaels like?
- Are healthcare and health insurance expensive in St. Michaels?
- What are emergency services like in St. Michaels?
- Will I need to travel to see a specialist?
- Are common prescription medications available in St. Michaels?
- How are local medical facilities in St. Michaels?
- As a foreigner living in St. Michaels, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?