Spring Gap, MD Housing

The housing market in Spring Gap, MD is currently booming with a median value of $194,800. This is significantly lower than the US House Median Value of $338,100, but has seen almost double the appreciation rate of 8.27% compared to the national average over the past year. Those looking to invest in Spring Gap's housing market stand to benefit from high returns on investment as prices are expected to continue climbing in the coming months.

The median home cost in Spring Gap is $194,800. Home appreciation the last 10 years has been 29.3%. Home Appreciation in Spring Gap is up 11.6%.

Average Age of Homes

- The median age of Spring Gap real estate is 78 years old

The Rental Market in Spring Gap

- Renters make up 0.0% of the Spring Gap population
- 0.0% of houses and apartments in Spring Gap, 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	Spring Gap, Maryland	United States
	27.0	139,647,020.0
	38	42
	$194,800	$338,100
	11.6%	16.6%
	33.2%	57.0%
	29.3%	101.1%
	$11.90	$10.98
	$2,786	$2,690
	100.0%	57.4%
	0.0%	11.2%
	0.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	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%
	0.0%	3.9%
	29.6%	4.5%
	0.0%	11.3%
	25.9%	13.0%
	44.4%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.0%	13.6%
	0.0%	13.6%
	0.0%	13.6%
	70.4%	13.2%
	0.0%	14.8%
	0.0%	13.6%
	0.0%	10.0%
	0.0%	4.7%
	29.6%	12.2%

Reviews for Spring Gap

See all (0)

Write a Review

Start Your Review of Spring Gap

Commute

Compare Spring Gap, MD
cost of living

Compare food, housing, utilities, and more in Spring Gap, Maryland to any other city in the US.

Compare now

The premier source for comprehensive city data for over 30 years.

��