Forest Heights, Maryland is a desirable area for housing with a median value of $331,600. This is lower than the US House Median Value of $338,100, but the appreciation rate remains good. The US 1 year House Appreciation rate is 8.27%, and House 1 year appreciation in Forest Heights is 6.91%. This suggests that Forest Heights continues to remain attractive for home buyers and investors alike. With its attractive median value and good appreciation rates, Forest Heights provides an excellent housing market for those looking to buy or invest in property.
The median home cost in Forest Heights is $331,600. Home appreciation the last 10 years has been 86.5%. Home Appreciation in Forest Heights is up 10.7%.
Average Age of Homes
- The median age of Forest Heights real estate is 63 years old
The Rental Market in Forest Heights
- Renters make up 13.9% of the Forest Heights population
- 2.0% of houses and apartments in Forest Heights, 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.