Housing is one of the most important investments that many families make, and 21156 Upper Falls, MD is no exception. The median value of housing in this area is $417,700, which is significantly higher than the US median value of $338,100. This indicates that Upper Falls is a desirable place to live and invest in property. The appreciation rate of housing in this area over the past year has been 7.76%, slightly lower than the national average of 8.27%. This indicates that prices are relatively stable and that homes are likely to hold their value over time in 21156 Upper Falls, MD.
The median home cost in Upper Falls (zip 21156) is $417,700. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Upper Falls (zip 21156) is up 10.4%.
Average Age of Homes
- The median age of Upper Falls (zip 21156) real estate is 63 years old
The Rental Market in Upper Falls (zip 21156)
- Renters make up 6.2% of the Upper Falls (zip 21156) population
- 0.0% of houses and apartments in Upper Falls (zip 21156), 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.