The housing market in 21140 Riva, MD is very competitive. The median value of houses in this area is $541,800 which is significantly higher than the US median value of $338,100. Additionally, the one year house appreciation rate for the area was 7.76%, slightly lower than the 8.27% national average. This suggests a moderately strong real estate market and could be a good option for those looking to buy or invest in property in this region.
The median home cost in Riva (zip 21140) is $541,800. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Riva (zip 21140) is up 10.4%.
Average Age of Homes
- The median age of Riva (zip 21140) real estate is 40 years old
The Rental Market in Riva (zip 21140)
- Renters make up 8.7% of the Riva (zip 21140) population
- 0.0% of houses and apartments in Riva (zip 21140), 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.