The housing market in 21037 Edgewater, MD is doing quite well compared to the US House Median Value. The Median Value of all housing in 21037 Edgewater, MD is $509,500, while the US House median value is $338,100. This means that Edgewater's median value is 51% higher than the US median. Additionally, house appreciation in Edgewater has also outpaced the national average, with a 1 year appreciation rate of 8.62%, compared to 8.27% for the entire country. This indicates that the housing market in Edgewater is very strong and could provide a good investment opportunity for those looking to buy a house in this area.
The median home cost in Edgewater (zip 21037) is $509,500. Home appreciation the last 10 years has been 49.5%. Home Appreciation in Edgewater (zip 21037) is up 10.6%.
Average Age of Homes
- The median age of Edgewater (zip 21037) real estate is 38 years old
The Rental Market in Edgewater (zip 21037)
- Renters make up 12.5% of the Edgewater (zip 21037) population
- 0.4% of houses and apartments in Edgewater (zip 21037), 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.