The housing market in Pocomoke City, MD is thriving and has outperformed the national average for the past year. The median house value in Pocomoke City is $178,500 which is much lower than the national median at $338,100. Despite this difference, the one-year house appreciation rate in Pocomoke City was 14.76% compared to only 8.27% nationally. This indicates that the housing market in Pocomoke City is strong, with prices increasing more quickly than other areas of the country.
The median home cost in Pocomoke City is $178,500. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Pocomoke City is up 14.0%.
Average Age of Homes
- The median age of Pocomoke City real estate is 55 years old
The Rental Market in Pocomoke City
- Renters make up 39.3% of the Pocomoke City population
- 1.1% of houses and apartments in Pocomoke City, 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.