Ilchester, MD is a great place to invest in housing. The median value of homes in Ilchester is $500,400, which is significantly higher than the US median value of $338,100. Additionally, home values in Ilchester have appreciated 8.62% over the past year, while the US has only seen an appreciation of 8.27%. With such promising appreciation rates and higher than average median house values, investing in housing in Ilchester could be a great way to build wealth.
The median home cost in Ilchester is $500,400. Home appreciation the last 10 years has been 49.5%. Home Appreciation in Ilchester is up 10.6%.
Average Age of Homes
- The median age of Ilchester real estate is 24 years old
The Rental Market in Ilchester
- Renters make up 19.4% of the Ilchester population
- 0.8% of houses and apartments in Ilchester, 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.