The housing market in 20714 North Beach, MD is very strong, with a median value of $343,100. This is higher than the US median value of $338,100, indicating that there is strong demand for homes in this area. Recently, appreciation for houses in 20714 North Beach has been slightly below the US average at 6.91%, compared to 8.27% nationally. Despite this, people are still willing to invest in property in this area due to its attractive location and proximity to amenities. As a result, housing prices are likely to increase further over time.
The median home cost in North Beach (zip 20714) is $343,100. Home appreciation the last 10 years has been 86.5%. Home Appreciation in North Beach (zip 20714) is up 10.7%.
Average Age of Homes
- The median age of North Beach (zip 20714) real estate is 30 years old
The Rental Market in North Beach (zip 20714)
- Renters make up 34.3% of the North Beach (zip 20714) population
- 3.4% of houses and apartments in North Beach (zip 20714), 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.