Rising Sun, MD is an affluent area with a median housing value of $313,000, which is significantly higher than the national median house value of $338,100. In the past year, the rate of appreciation for houses in Rising Sun has been higher than the national average at 9.66%, compared to 8.27%. This steady increase in housing prices shows that Rising Sun remains a desirable area with strong and consistent growth in real estate values.
The median home cost in Rising Sun is $313,000. Home appreciation the last 10 years has been 48.2%. Home Appreciation in Rising Sun is up 9.3%.
Average Age of Homes
- The median age of Rising Sun real estate is 32 years old
The Rental Market in Rising Sun
- Renters make up 39.0% of the Rising Sun population
- 3.0% of houses and apartments in Rising Sun, 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.