The housing market in Deal Island, MD is booming. The median value of homes in this area is $177,200, significantly lower than the US median house value of $338,100. Yet it's not just the affordable prices that make Deal Island an attractive place to purchase a home; the 1 year house appreciation rate in Deal Island is 14.7%, well above the US average of 8.27%. This means that homeowners can expect to have a higher return on investment for their real estate purchase here. With its low prices and high returns on investment, Deal Island is an ideal location for those in the market for a new home.
The median home cost in Deal Island is $177,200. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Deal Island is up 14.0%.
Average Age of Homes
- The median age of Deal Island real estate is 51 years old
The Rental Market in Deal Island
- Renters make up 11.6% of the Deal Island population
- 0.0% of houses and apartments in Deal Island, 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.