Taneytown, MD is a city in Carroll County with a median housing value of $335,400, which is slightly lower than the US house median value of $338,100. Despite this difference in values, Taneytown has experienced a similar appreciation rate as the United States overall with an 1 year house appreciation rate of 7.84%. These numbers indicate that Taneytown is a great place to invest in real estate as it offers competitive prices yet still experiences growth in value from year to year.
The median home cost in Taneytown is $335,400. Home appreciation the last 10 years has been 62.2%. Home Appreciation in Taneytown is up 11.5%.
Average Age of Homes
- The median age of Taneytown real estate is 27 years old
The Rental Market in Taneytown
- Renters make up 17.3% of the Taneytown population
- 3.7% of houses and apartments in Taneytown, 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.