Bel Air South, MD is a great place to invest in real estate. The median value of housing in Bel Air South, MD is $366,100 which is higher than the US median housing value of $338,100. Additionally, the house appreciation rate for Bel Air South, MD over the past year was 8.62% whereas the US average was only 8.27%. This makes it an attractive area for those looking to invest in real estate as they can expect good returns on their investments.
The median home cost in Bel Air South is $366,100. Home appreciation the last 10 years has been 49.5%. Home Appreciation in Bel Air South is up 10.6%.
Average Age of Homes
- The median age of Bel Air South real estate is 27 years old
The Rental Market in Bel Air South
- Renters make up 17.4% of the Bel Air South population
- 0.3% of houses and apartments in Bel Air South, 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.