Algonquin, MD has an outstanding housing market with a median value of $276,700. This is significantly lower than the US median house value of $338,100. Despite the lower median house value, Algonquin still has seen impressive appreciation in its housing market over the last year with a 9.21% increase in value compared to the US’ 8.27%. It is clear that Algonquin is a great place for potential homebuyers and investors looking for attractive real estate opportunities.
The median home cost in Algonquin is $276,700. Home appreciation the last 10 years has been 56.7%. Home Appreciation in Algonquin is up 14.5%.
Average Age of Homes
- The median age of Algonquin real estate is 51 years old
The Rental Market in Algonquin
- Renters make up 9.5% of the Algonquin population
- 0.0% of houses and apartments in Algonquin, 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.