Eldorado, MD is known for its housing market which has a median value of $150,600. This is significantly lower than the US median house value of $338,100. Despite this difference in values, the United States has experienced an 8.27% appreciation in housing prices over the last year, while Eldorado has seen an even greater appreciation at 9.21%. This means that there is a great opportunity to purchase housing in Eldorado at affordable prices and experience higher returns on investment as compared to other parts of the country.
The median home cost in Eldorado is $150,600. Home appreciation the last 10 years has been 56.7%. Home Appreciation in Eldorado is up 14.5%.
Average Age of Homes
- The median age of Eldorado real estate is 73 years old
The Rental Market in Eldorado
- Renters make up 15.8% of the Eldorado population
- 0.0% of houses and apartments in Eldorado, 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.