Brooklyn Park, MD is a great place to live when it comes to housing. The median value of a home in Brooklyn Park, MD is $240,700, which is much less than the national median value of $338,100. Despite being lower than the US house median value, Brooklyn Park has seen an 8.83% appreciation rate in the past year compared to 8.27% for the nation as a whole. This makes it an attractive option for those looking for a safe and affordable place to live without sacrificing on quality or appreciation potential.
The median home cost in Brooklyn Park is $240,700. Home appreciation the last 10 years has been 52.0%. Home Appreciation in Brooklyn Park is up 8.8%.
Average Age of Homes
- The median age of Brooklyn Park real estate is 60 years old
The Rental Market in Brooklyn Park
- Renters make up 21.5% of the Brooklyn Park population
- 6.2% of houses and apartments in Brooklyn Park, 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.