The housing market in Brookeville, MD is quite impressive. The median value of a home is $711,300 which far exceeds the US median value of $338,100. Despite this large difference in median values, the appreciation rate in Brookeville was slightly lower than the US average at 5.58% compared to 8.27% respectively. This could be due to the upscale nature of the area or simply market trends that are specific to Brookeville. Either way, it remains an attractive real estate destination for those looking for luxury homes in Maryland.
The median home cost in Brookeville is $711,300. Home appreciation the last 10 years has been 46.2%. Home Appreciation in Brookeville is up 11.3%.
Average Age of Homes
- The median age of Brookeville real estate is 71 years old
The Rental Market in Brookeville
- Renters make up 8.9% of the Brookeville population
- 0.0% of houses and apartments in Brookeville, 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.