Cabin John, MD has an impressive housing median value of $1,075,500 which is significantly higher than the US House Median Value of $338,100. The US 1 year house appreciation rate is 8.27%, whereas in Cabin John it is 5.58%. This suggests that the market for housing in this area is relatively stable and growing at a slower rate than the rest of the country. This means that people who are looking to purchase or rent property in Cabin John can be confident that their investment will remain safe and appreciated over time.
The median home cost in Cabin John is $1,075,500. Home appreciation the last 10 years has been 46.2%. Home Appreciation in Cabin John is up 11.3%.
Average Age of Homes
- The median age of Cabin John real estate is 46 years old
The Rental Market in Cabin John
- Renters make up 2.1% of the Cabin John population
- 0.0% of houses and apartments in Cabin John, 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.