Severn, MD Housing

Severn, MD is a great place to live and invest in housing. The median value of homes in the area is $441,200, which is significantly higher than the US House Median Value of $338,100. In addition, the 1 year appreciation rate for homes in Severn has been 8.07%, slightly below the national average of 8.27%. This indicates that now is a good time to invest in housing in Severn, as property values are likely to increase soon.

The median home cost in Severn is $441,200. Home appreciation the last 10 years has been 51.7%. Home Appreciation in Severn is up 10.5%.

Average Age of Homes

- The median age of Severn real estate is 26 years old

The Rental Market in Severn

- Renters make up 25.1% of the Severn population
- 1.4% of houses and apartments in Severn, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Severn, Maryland	United States
	21,106.0	139,647,020.0
	27	42
	$441,200	$338,100
	10.5%	16.6%
	36.1%	57.0%
	51.7%	101.1%
	$8.92	$10.98
	$3,391	$2,690
	70.5%	57.4%
	4.4%	11.2%
	25.2%	31.4%
Vacant Housing
	1.4%	1.9%
	0.1%	0.4%
	1.2%	0.7%
	0.5%	0.4%
	0.2%	3.6%
	0.9%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	1.9%	2.4%
	1.2%	2.8%
	0.9%	3.9%
	0.9%	4.5%
	0.4%	11.3%
	2.0%	13.0%
	13.3%	20.1%
	34.9%	13.6%
	22.8%	8.3%
	18.7%	9.7%
	0.8%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	17.1%	13.6%
	17.1%	13.6%
	20.4%	13.6%
	14.2%	13.2%
	15.5%	14.8%
	20.4%	13.6%
	3.9%	10.0%
	0.4%	4.7%
	1.5%	12.2%

Reviews for Severn

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Donna · Severn, MD

Very Convenient

Over 9 years ago

We've lived in Severn for 25 years and we really enjoy the convenience. Schools are good, shopping is excellent and it's close to everything ... malls, grocery stores, More

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ben · Severn, MD

was nice 25 years ago

Over 10 years ago

now its extremely crowded, over populated, poor road infrastructure and Maryland is OUTRAGEOUSLY More

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Steve · Severn, MD

Life in Severn, Maryland

Over 14 years ago

In general, Severn is a fine place to be, in a state that has a lot to More

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