East Riverdale, MD is a great place to invest in housing. The median value of homes there is $353,500, compared to the US median value of $338,100. In the past year, nationwide US home appreciation has been 8.27%, while in East Riverdale it was 6.91%. Homeowners and potential buyers have seen a steady increase in value over the past year and can be confident that their investments will continue to appreciate in value over time.
The median home cost in East Riverdale is $353,500. Home appreciation the last 10 years has been 86.5%. Home Appreciation in East Riverdale is up 10.7%.
Average Age of Homes
- The median age of East Riverdale real estate is 54 years old
The Rental Market in East Riverdale
- Renters make up 46.1% of the East Riverdale population
- 2.2% of houses and apartments in East Riverdale, 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.