The housing in Taylors Island, MD is relatively strong compared to the national average. The median value of a house in Taylors Island is $346,000 which is higher than the US median value of $338,100. Furthermore, the 1 year house appreciation rate in Taylors Island is 9.21%, which is higher than the national rate of 8.27%. This indicates that housing values in Taylors Island have been increasing at a faster rate than across the nation as a whole and suggests that this area may be a good place to invest in real estate.
The median home cost in Taylors Island is $346,000. Home appreciation the last 10 years has been 56.7%. Home Appreciation in Taylors Island is up 14.5%.
Average Age of Homes
- The median age of Taylors Island real estate is 34 years old
The Rental Market in Taylors Island
- Renters make up 13.6% of the Taylors Island population
- 0.0% of houses and apartments in Taylors Island, 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.