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Burnt Mills, MD Housing
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The housing market in Burnt Mills, MD is thriving. The median value of houses in the area is $530,800 which is significantly higher than the US House Median Value of $338,100. This indicates that the value of homes in Burnt Mills have grown considerably over time. The US 1 year house appreciation rate is 8.27%, while Burnt Mills' 1 year house appreciation rate is 9.10%, highlighting that the housing market in this area has been even more successful than other areas of the country.
Median Monthly Rent by Number of Bedrooms
Housing by Year Built
Housing
Burnt Mills, Maryland
United States
Number of Homes
1,222.0
139,647,020.0
Median Home Age
58
42
Median Home Cost
$530,800
$338,100
Home Appr. Last 12 months
9.1%
16.6%
Home Appr. Last 5 yrs.
34.9%
57.0%
Home Appr. Last 10 yrs.
59.7%
101.1%
Property Tax Rate
$8.55
$10.98
Property Taxes Paid
$3,936
$2,690
Homes Owned
85.5%
57.4%
Housing Vacant
0.0%
11.2%
Homes Rented
14.5%
31.4%
Vacant Housing
Vacant For Rent
0.0%
1.9%
Vacant Rented
0.0%
0.4%
Vacant For Sale
0.0%
0.7%
Vacant Sold
0.0%
0.4%
Vacant Vacation
0.0%
3.6%
Vacant Other
0.0%
4.1%
Value of Owner-Occupied Housing
Less Than $20,000
1.5%
2.6%
$20,000 to $39,999
0.0%
2.4%
$40,000 to $59,999
0.0%
2.8%
$60,000 to $79,999
0.0%
3.9%
$80,000 to $99,999
0.0%
4.5%
$100,000 to $149,999
2.3%
11.3%
$150,000 to $199,999
0.3%
13.0%
$200,000 to $299,999
6.7%
20.1%
$300,000 to $399,999
3.9%
13.6%
$400,000 to $499,999
58.2%
8.3%
$500,000 to $749,999
25.4%
9.7%
$750,000 to $999,999
1.7%
3.9%
$1,000,000 to $1,499,999
0.0%
2.2%
$1,500,000 to $1,999,999
0.0%
0.8%
$2,000,000 and over
0.0%
1.1%
Housing Units by Year Structure Built
2014 and newer
0.0%
0.2%
2010 to 2013
16.4%
13.6%
2000 to 2009
16.4%
13.6%
1990 to 1999
7.1%
13.6%
1980 to 1989
0.0%
13.2%
1970 to 1979
7.9%
14.8%
1960 to 1969
7.1%
13.6%
1950 to 1959
36.6%
10.0%
1940 to 1949
4.9%
4.7%
1939 or Earlier
2.9%
12.2%
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