Chestertown, MD is a great place to buy a home. The median housing value in Chestertown is $314,000, which is lower than the US median house value of $338,100. In the last year, the appreciation of housing in Chestertown was 9.21%, which is higher than the national average of 8.27%. This makes Chestertown a great investment for those looking to purchase a home in the area. With a low median price and high appreciation rate, Chestertown offers an excellent opportunity for potential homeowners and investors alike.
The median home cost in Chestertown is $314,000. Home appreciation the last 10 years has been 56.7%. Home Appreciation in Chestertown is up 14.5%.
Average Age of Homes
- The median age of Chestertown real estate is 47 years old
The Rental Market in Chestertown
- Renters make up 42.3% of the Chestertown population
- 1.4% of houses and apartments in Chestertown, 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.