The housing market in Highfield-Cascade, MD is strong compared to the US average. The median value of a home in Highfield-Cascade is $259,000, which is significantly lower than the US median value of $338,100. Although the US house appreciation rate over the past year has been 8.27%, homes in Highfield-Cascade have appreciated at a slightly lower rate of 7.84%. This still demonstrates that this area remains an attractive option for both buyers and sellers alike.
The median home cost in Highfield-Cascade is $259,000. Home appreciation the last 10 years has been 62.2%. Home Appreciation in Highfield-Cascade is up 11.5%.
Average Age of Homes
- The median age of Highfield-Cascade real estate is 64 years old
The Rental Market in Highfield-Cascade
- Renters make up 5.7% of the Highfield-Cascade population
- 0.0% of houses and apartments in Highfield-Cascade, 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.