Zip 21638 (Grasonville, MD) Housing

The housing market in Grasonville, MD (21638) is looking strong. The median value for a house in the area is $489,400, which is significantly higher than the US median of $338,100. Over the last year, the appreciation rate for housing has been particularly high at 9.21%, which is greater than the national average of 8.27%. This indicates that investing in Grasonville real estate can be a smart decision going forward as it shows signs of continued growth and appreciation in value.

The median home cost in Grasonville (zip 21638) is $489,400. Home appreciation the last 10 years has been 56.7%. Home Appreciation in Grasonville (zip 21638) is up 14.5%.

Average Age of Homes

- The median age of Grasonville (zip 21638) real estate is 28 years old

The Rental Market in Grasonville (zip 21638)

- Renters make up 15.7% of the Grasonville (zip 21638) population
- 0.0% of houses and apartments in Grasonville (zip 21638), 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	Grasonville, Maryland	United States
	2,239.0	139,647,020.0
	31	42
	$489,400	$338,100
	14.5%	16.6%
	46.6%	57.0%
	56.7%	101.1%
	$8.03	$10.98
	$3,613	$2,690
	69.2%	57.4%
	12.7%	11.2%
	18.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.1%	0.7%
	1.1%	0.4%
	4.4%	3.6%
	6.2%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	1.9%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	2.6%	11.3%
	7.9%	13.0%
	9.2%	20.1%
	13.9%	13.6%
	28.7%	8.3%
	20.0%	9.7%
	8.5%	3.9%
	5.8%	2.2%
	0.0%	0.8%
	1.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	22.2%	13.6%
	22.2%	13.6%
	19.9%	13.6%
	20.5%	13.2%
	5.8%	14.8%
	19.9%	13.6%
	3.1%	10.0%
	2.0%	4.7%
	9.8%	12.2%

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