Housing in Aspen Hill, MD is much more expensive than the US median house price of $338,100. The median value for a house in Aspen Hill, MD is $476,500 - almost 40 percent higher than the national average. Despite this disparity in cost, the one year appreciation rate for houses in Aspen Hill, MD has only been 3.95%, compared to the US wide appreciation rate of 8.27%. Despite being more expensive than other parts of the country, housing prices in Aspen Hill are still relatively stable and not increasing as quickly as other parts of the country.
The median home cost in Aspen Hill is $476,500. Home appreciation the last 10 years has been 53.0%. Home Appreciation in Aspen Hill is up 10.2%.
Average Age of Homes
- The median age of Aspen Hill real estate is 47 years old
The Rental Market in Aspen Hill
- Renters make up 34.7% of the Aspen Hill population
- 0.9% of houses and apartments in Aspen Hill, 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.