The housing market in Eckhart Mines, MD is positively booming. The median value of a home in the area is $67,300, which is much lower than the U.S. median value of $338,100. Additionally, the one year house appreciation rate in Eckhart Mines, MD is an impressive 17.95%, far outpacing the U.S. one year appreciation rate of 8.27%. This high appreciation rate means that homes in Eckhart Mines are becoming more and more valuable over time, making it an attractive destination for those looking to invest in real estate or purchase a home to live in.
The median home cost in Eckhart Mines is $67,300. Home appreciation the last 10 years has been 29.3%. Home Appreciation in Eckhart Mines is up 11.6%.
Average Age of Homes
- The median age of Eckhart Mines real estate is 69 years old
The Rental Market in Eckhart Mines
- Renters make up 23.1% of the Eckhart Mines population
- 0.0% of houses and apartments in Eckhart Mines, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.