The housing in 21108 Severna Park, MD is currently valued at $561,400 on average. This is substantially higher than the US median value of $338,100, and it has seen a 7.76% appreciation over the last year. This is slightly lower than the US house appreciation rate of 8.27%, but still indicates that homeowners are seeing some growth in their investments. The real estate market in Severna Park remains strong for both buyers and sellers, making it a desirable place to live.
The median home cost in Severna Park (zip 21108) is $561,400. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Severna Park (zip 21108) is up 10.4%.
Average Age of Homes
- The median age of Severna Park (zip 21108) real estate is 36 years old
The Rental Market in Severna Park (zip 21108)
- Renters make up 14.4% of the Severna Park (zip 21108) population
- 3.2% of houses and apartments in Severna Park (zip 21108), 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.