Market Value

The current value of your home based on what purchaser would pay. An appraisal is sometimes used to determine market value.

The price a property can realistically sell for, based upon comparable selling prices of other properties in the same geographical area.

The amount a willing buyer would pay a willing seller for a home. An appraised value is an estimate of the current fair market value.

The price that the market - any market - sets at a particular time as the price at which an asset can be bought or sold.

The current value of your home, including the price of land.

A real estate term for the current value of your home if you were to sell it. Market value includes the price of land, and is not generally used when settling insurance claims.

The price at which buyers and sellers trade similar items in an open marketplace. Bonds are considered liquid and are therefore valued at a market price.

The market value of a stock or bond is the current price at which that security is trading.

In a more general sense, if an item has not been priced for sale, its fair market value is the amount a buyer and seller agree upon. That's assuming that both know what the item is worth and neither is being forced to complete the transaction.

the price that a record or group of records may fetch if offered for sale. See commercial value; intrinsic value