The housing market in Perryman, MD is quite robust, with the median value for a house standing at $252,600. This is slightly lower than the national median of $338,100 but still shows an impressive year-over-year appreciation rate of 8.57%, which exceeds the national average of 8.27%. This indicates that real estate values in Perryman are continuing to rise steadily over time and provide a strong investment opportunity to homeowners and potential buyers alike.
The median home cost in Perryman is $252,600. Home appreciation the last 10 years has been 49.6%. Home Appreciation in Perryman is up 10.6%.
Average Age of Homes
- The median age of Perryman real estate is 24 years old
The Rental Market in Perryman
- Renters make up 35.4% of the Perryman population
- 0.0% of houses and apartments in Perryman, 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.