Drum Point, MD is a great place to live with a median housing value of $408,300. This is significantly higher than the national median value of $338,100. In the past year, the US housing market has seen an appreciation of 8.27%, while Drum Point's housing market has seen an appreciation of 7.62%. This shows that Drum Point is still a desirable location to live in and can expect to continue seeing high returns on investments in their real estate.
The median home cost in Drum Point is $408,300. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Drum Point is up 12.7%.
Average Age of Homes
- The median age of Drum Point real estate is 29 years old
The Rental Market in Drum Point
- Renters make up 16.7% of the Drum Point population
- 0.0% of houses and apartments in Drum Point, 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.