Broomes Island, MD is a beautiful and desirable area to live in. The median value of housing in Broomes Island is $446,000, which is significantly higher than the US median value of $338,100. The appreciation rate for houses in Broomes Island over the last year has been 7.62%, slightly lower than the national average of 8.27%. This suggests that Broomes Island is a secure investment for housing, as values are still increasing despite being slightly lower than the national average. With its desirable location and attractive housing market, it isn't surprising that many people choose to call Broomes Island home.
The median home cost in Broomes Island is $446,000. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Broomes Island is up 12.7%.
Average Age of Homes
- The median age of Broomes Island real estate is 50 years old
The Rental Market in Broomes Island
- Renters make up 0.0% of the Broomes Island population
- 0.0% of houses and apartments in Broomes 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.