Paramount-Long Meadow, MD Housing

The housing market in Paramount-Long Meadow, MD is quite promising and stable. The median value for a house in this area is $370,400, which is slightly higher than the US median of $338,100. In the last year, house appreciation in Paramount-Long Meadow was 7.84%, marginally lower than the US 1 year appreciation of 8.27%. This indicates that the housing market in Paramount-Long Meadow has held steady and promises to remain strong in the years ahead.

The median home cost in Paramount-Long Meadow is $370,400. Home appreciation the last 10 years has been 62.2%. Home Appreciation in Paramount-Long Meadow is up 11.5%.

Average Age of Homes

- The median age of Paramount-Long Meadow real estate is 41 years old

The Rental Market in Paramount-Long Meadow

- Renters make up 24.2% of the Paramount-Long Meadow population
- 0.0% of houses and apartments in Paramount-Long Meadow, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Paramount-Long Meadow, Maryland	United States
	952.0	139,647,020.0
	37	42
	$370,400	$338,100
	11.5%	16.6%
	42.6%	57.0%
	62.2%	101.1%
	$9.10	$10.98
	$2,606	$2,690
	78.5%	57.4%
	2.7%	11.2%
	18.8%	31.4%
Vacant Housing
	0.0%	1.9%
	2.7%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.5%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	15.0%	13.0%
	40.3%	20.1%
	27.8%	13.6%
	2.5%	8.3%
	9.9%	9.7%
	0.0%	3.9%
	2.0%	2.2%
	0.0%	0.8%
	1.9%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.9%	13.6%
	14.9%	13.6%
	20.6%	13.6%
	5.5%	13.2%
	10.8%	14.8%
	20.6%	13.6%
	9.0%	10.0%
	0.0%	4.7%
	10.3%	12.2%

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