Mount Savage, MD is a great place to call home. The median housing value in the area is $107,800, which is much lower than the US median house value of $338,100. In addition to being more affordable than other areas in the US, Mount Savage also has experienced an impressive 17.95% appreciation rate over the past year - significantly higher than the national average of 8.27%. From its low cost of living and excellent appreciation potential, it's no wonder why Mount Savage has become an attractive option for both first-time buyers and long-term investors alike.
The median home cost in Mount Savage is $107,800. Home appreciation the last 10 years has been 29.3%. Home Appreciation in Mount Savage is up 11.6%.
Average Age of Homes
- The median age of Mount Savage real estate is 78 years old
The Rental Market in Mount Savage
- Renters make up 15.0% of the Mount Savage population
- 0.0% of houses and apartments in Mount Savage, 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.