The housing market in 21613 Cambridge, MD is doing well. The median value of a house is $213,200, which is significantly lower than the US median value of $338,100. However, over the past year the appreciation of houses in Cambridge has been 9.21%, which is slightly higher than the US average appreciation rate of 8.27%. This indicates that there might be a good opportunity to invest in real estate in the area.
The median home cost in Cambridge (zip 21613) is $213,200. Home appreciation the last 10 years has been 56.7%. Home Appreciation in Cambridge (zip 21613) is up 14.5%.
Average Age of Homes
- The median age of Cambridge (zip 21613) real estate is 47 years old
The Rental Market in Cambridge (zip 21613)
- Renters make up 38.8% of the Cambridge (zip 21613) population
- 1.7% of houses and apartments in Cambridge (zip 21613), 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.