The housing in Martin's Additions, MD is incredibly expensive compared to the nationwide median value of $338,100. The median value for the area is an astounding $1,408,000! Despite this high cost of living, the area has experienced a relatively modest appreciation rate of 5.58% over the last year---significantly less than the national average of 8.27%. Despite being a wealthy area, homeowners in Martin's Additions have not seen huge house appreciation jumps over the past year.
The median home cost in Martin's Additions is $1,408,000. Home appreciation the last 10 years has been 46.2%. Home Appreciation in Martin's Additions is up 11.3%.
Average Age of Homes
- The median age of Martin's Additions real estate is 78 years old
The Rental Market in Martin's Additions
- Renters make up 7.0% of the Martin's Additions population
- 0.0% of houses and apartments in Martin's Additions, 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.