Cheverly, MD is a great place to buy a home due to its higher than average median house value. According to recent data, the median house value in Cheverly, MD is $434,900, which is significantly higher than the US House Median Value of $338,100. Although the US House Appreciation rate for last year was 8.27%, the House 1 year appreciation rate in Cheverly was even higher at 6.91%. This demonstrates that buying a home in Cheverly can be an excellent investment.
The median home cost in Cheverly is $434,900. Home appreciation the last 10 years has been 86.5%. Home Appreciation in Cheverly is up 10.7%.
Average Age of Homes
- The median age of Cheverly real estate is 59 years old
The Rental Market in Cheverly
- Renters make up 27.9% of the Cheverly population
- 0.0% of houses and apartments in Cheverly, 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.