The housing in 21207 Lochearn, MD is quite attractive to potential buyers. The median value for a home in this zip code is $244,900, which is significantly lower than the national median of $338,100. Additionally, the one-year appreciation rate for homes in this area stands at 8.83%, which is slightly higher than the US average of 8.27%. This makes it an ideal investment opportunity for those looking to purchase a property and benefit from potential increases in value over time.
The median home cost in Lochearn (zip 21207) is $244,900. Home appreciation the last 10 years has been 52.0%. Home Appreciation in Lochearn (zip 21207) is up 8.8%.
Average Age of Homes
- The median age of Lochearn (zip 21207) real estate is 59 years old
The Rental Market in Lochearn (zip 21207)
- Renters make up 37.0% of the Lochearn (zip 21207) population
- 2.3% of houses and apartments in Lochearn (zip 21207), 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.