Housing in Bel Air, MD is quite desirable and it has shown with the median value of $392,000. This is well above the US median value of $338,100. With values this high, Bel Air has also seen an appreciation rate of 8.62%, which is slightly higher than the average US house appreciation of 8.27%. All these factors make Bel Air a great place to live and invest in property for those who can afford it.
The median home cost in Bel Air town (Harford County) is $392,000. Home appreciation the last 10 years has been 49.5%. Home Appreciation in Bel Air town (Harford County) is up 10.6%.
Average Age of Homes
- The median age of Bel Air town (Harford County) real estate is 41 years old
The Rental Market in Bel Air town (Harford County)
- Renters make up 30.2% of the Bel Air town (Harford County) population
- 1.0% of houses and apartments in Bel Air town (Harford County), 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.