The housing market in Joppatowne, MD (21085) is a great place to invest in real estate. The median house value in the area is $311,700, which is slightly below the national median of $338,100. However, Joppatowne has seen an impressive one-year house appreciation rate of 8.62%, which is higher than the national average of 8.27%. With such strong appreciation rates and a low median value price point, investing in Joppatowne real estate could be a wise decision for future homeowners and investors alike.
The median home cost in Joppatowne (zip 21085) is $311,700. Home appreciation the last 10 years has been 49.5%. Home Appreciation in Joppatowne (zip 21085) is up 10.6%.
Average Age of Homes
- The median age of Joppatowne (zip 21085) real estate is 47 years old
The Rental Market in Joppatowne (zip 21085)
- Renters make up 16.5% of the Joppatowne (zip 21085) population
- 3.4% of houses and apartments in Joppatowne (zip 21085), 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.