The housing market in Clarksburg, MD is relatively expensive with the median value of homes being $606,400 compared to the US median house value of $338,100. While the appreciation rate of homes across the US was 8.27% in the past year, in Clarksburg it was slightly lower at 5.58%. Nevertheless, the values of housing in Clarksburg have been steadily rising over recent years and this trend looks set to continue into the future.
The median home cost in Clarksburg is $606,400. Home appreciation the last 10 years has been 46.2%. Home Appreciation in Clarksburg is up 11.3%.
Average Age of Homes
- The median age of Clarksburg real estate is 10 years old
The Rental Market in Clarksburg
- Renters make up 10.5% of the Clarksburg population
- 0.5% of houses and apartments in Clarksburg, 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.