The housing market in Jefferson, MD is doing well compared to the U.S. median value with a median value of $475,600. The appreciation rate in Jefferson is also slightly lower than the national average at 7.84%. This suggests that the housing prices are not skyrocketing and that it is possible to still get good deals on housing in this area. The appreciation rate has remained steady over the past year, which indicates that it is a stable market for both buyers and sellers.
The median home cost in Jefferson is $475,600. Home appreciation the last 10 years has been 62.2%. Home Appreciation in Jefferson is up 11.5%.
Average Age of Homes
- The median age of Jefferson real estate is 25 years old
The Rental Market in Jefferson
- Renters make up 15.3% of the Jefferson population
- 0.0% of houses and apartments in Jefferson, 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.