Frostburg, MD is an attractive housing market for those looking to buy or invest in a property. The median house value in Frostburg is $142,400, which is significantly lower than the US median house value of $338,100. Additionally, the one-year house appreciation rate for Frostburg was 17.95%, much higher than the US average of 8.27%. This suggests that buying a property in Frostburg has the potential to be a smart and lucrative investment decision.
The median home cost in Frostburg is $142,400. Home appreciation the last 10 years has been 29.3%. Home Appreciation in Frostburg is up 11.6%.
Average Age of Homes
- The median age of Frostburg real estate is 50 years old
The Rental Market in Frostburg
- Renters make up 50.3% of the Frostburg population
- 7.5% of houses and apartments in Frostburg, 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.