The housing market in 21122 Pasadena, MD is thriving with a median value of $388,400. This value is slightly higher than the US median value of $338,100 and shows that Pasadena real estate has become desirable for potential homeowners. The 1 year appreciation rate for homes in this area is 7.76%, slightly lower than the US appreciation rate of 8.27%. This indicates that although prices are still increasing, they may be doing so at a slower rate than elsewhere across the United States.
The median home cost in Pasadena (zip 21122) is $388,400. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Pasadena (zip 21122) is up 10.4%.
Average Age of Homes
- The median age of Pasadena (zip 21122) real estate is 38 years old
The Rental Market in Pasadena (zip 21122)
- Renters make up 11.6% of the Pasadena (zip 21122) population
- 1.3% of houses and apartments in Pasadena (zip 21122), 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.