The housing market in Seabrook, MD is quite strong compared to the US median house value. The median value of a home in Seabrook is $386,300 which is significantly higher than the US median house value of $338,100. Despite the COVID-19 pandemic, the one year appreciation on house values in Seabrook was still 6.91%, slightly lower than the US one year appreciation of 8.27%. This shows that Seabrook remains a desirable location for those looking to buy or invest in real estate.
The median home cost in Seabrook is $386,300. Home appreciation the last 10 years has been 86.5%. Home Appreciation in Seabrook is up 10.7%.
Average Age of Homes
- The median age of Seabrook real estate is 45 years old
The Rental Market in Seabrook
- Renters make up 37.8% of the Seabrook population
- 1.1% of houses and apartments in Seabrook, 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.