Federalsburg, MD is a town known for its affordable housing. The median value of a home in the area is $189,400, which is significantly lower than the US national house median value of $338,100. Despite this, the 1 year house appreciation rate in Federalsburg was 9.21%, higher than the US 1 year house appreciation rate of 8.27%. This demonstrates that the housing market in Federalsburg is still growing and is an attractive option for potential buyers looking for an affordable place to live.
The median home cost in Federalsburg is $189,400. Home appreciation the last 10 years has been 56.7%. Home Appreciation in Federalsburg is up 14.5%.
Average Age of Homes
- The median age of Federalsburg real estate is 63 years old
The Rental Market in Federalsburg
- Renters make up 43.6% of the Federalsburg population
- 0.0% of houses and apartments in Federalsburg, 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.