Prince George's County in Maryland has seen a healthy appreciation in the median value of housing over the past year. The median value of homes in this county was $384,600 at the end of the last year, compared to the US House Median Value of $338,100. This marks an impressive 9.13% year-on-year appreciation, significantly higher than the US 1 year House Appreciation of 8.27%. With this strong performance over the last twelve months, home owners and real estate investors alike can rest assured that their investments will continue to rise in value in Prince George’s County.
The median home cost in Prince George's County is $384,600. Home appreciation the last 10 years has been 85.5%. Home Appreciation in Prince George's County is up 10.8%.
Average Age of Homes
- The median age of Prince George's County real estate is 42 years old
The Rental Market in Prince George's County
- Renters make up 35.0% of the Prince George's County population
- 1.6% of houses and apartments in Prince George's County, 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.