Cavetown, MD is a great place to buy a home. The median value of houses in Cavetown is $309,800 which is lower than the U.S. median value of $338,100. Over the past year, housing prices in Cavetown have appreciated by 7.84%, which is slightly lower than the national appreciation rate of 8.27%. Despite this slightly lower rate of appreciation, buying a house in Cavetown still presents an excellent investment opportunity for potential homeowners.
The median home cost in Cavetown is $309,800. Home appreciation the last 10 years has been 62.2%. Home Appreciation in Cavetown is up 11.5%.
Average Age of Homes
- The median age of Cavetown real estate is 51 years old
The Rental Market in Cavetown
- Renters make up 11.7% of the Cavetown population
- 0.0% of houses and apartments in Cavetown, 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.