Reisterstown, Maryland is known for its high housing median value. The median value of a house in Reisterstown is $370,000, which is significantly higher than the U.S. median house value of $338,100. It's also seen an appreciation rate of 7.76% over the past year, which is lower than the nationwide appreciation rate of 8.27%. This slower growth could be due to the already high housing prices in the area. Despite this, Reisterstown remains an attractive place to invest in real estate due to its high median values and steady growth rate.
The median home cost in Reisterstown is $370,000. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Reisterstown is up 10.4%.
Average Age of Homes
- The median age of Reisterstown real estate is 38 years old
The Rental Market in Reisterstown
- Renters make up 41.1% of the Reisterstown population
- 2.7% of houses and apartments in Reisterstown, 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.