The housing market in Baltimore Highlands, MD reflects the national trend of rising prices; currently, the median value is $227,000. This is lower than the US median value which is $338,100 and suggests potential for growth. The US has experienced over 8% appreciation in house prices in the last year, while Baltimore Highlands has seen even higher rates of appreciation at 8.83%. This indicates that it can be a profitable market to invest in for those looking to purchase property. With relatively low median values compared to the national average and strong appreciation rates, Baltimore Highlands could be an attractive location for those seeking to invest in real estate.
The median home cost in Baltimore Highlands is $227,000. Home appreciation the last 10 years has been 52.0%. Home Appreciation in Baltimore Highlands is up 8.8%.
Average Age of Homes
- The median age of Baltimore Highlands real estate is 58 years old
The Rental Market in Baltimore Highlands
- Renters make up 43.5% of the Baltimore Highlands population
- 3.6% of houses and apartments in Baltimore Highlands, 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.