The median value of housing in Milford Mill, MD (21244) is $262,400. This is significantly lower than the U.S. median of $338,100 for the same period. However, it's important to note that the house appreciation rate in Milford Mill was a healthy 8.83%, which is slightly higher than the US average of 8.27%. This suggests that the market in Milford Mill is still growing and provides a great opportunity for those looking to invest in the area.
The median home cost in Milford Mill (zip 21244) is $262,400. Home appreciation the last 10 years has been 52.0%. Home Appreciation in Milford Mill (zip 21244) is up 8.8%.
Average Age of Homes
- The median age of Milford Mill (zip 21244) real estate is 35 years old
The Rental Market in Milford Mill (zip 21244)
- Renters make up 46.7% of the Milford Mill (zip 21244) population
- 1.7% of houses and apartments in Milford Mill (zip 21244), 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.