Colesville, MD is a great place to buy a home, with a median house value of $550,300. This is significantly higher than the national average of $338,100. Although the one-year house appreciation rate in Colesville is only 2.33%, compared to the US rate of 8.27%, it still provides plenty of opportunity for potential homebuyers looking for long-term investments. With Colesville's proximity to Washington, DC and other attractive amenities that the area offers, investing in real estate there can be very appealing.
The median home cost in Colesville is $550,300. Home appreciation the last 10 years has been 59.7%. Home Appreciation in Colesville is up 9.1%.
Average Age of Homes
- The median age of Colesville real estate is 49 years old
The Rental Market in Colesville
- Renters make up 7.8% of the Colesville population
- 1.4% of houses and apartments in Colesville, 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.