Friendship Heights Village, MD is a great place to live, with the median housing value at $487,000. This is significantly higher than the US House Median Value of $338,100 and is indicative of the area's popularity as a residential neighborhood. Despite the higher cost of living, residents have seen an increase in house values over the past year with an appreciation rate of 5.58%, which is still lower than the US 1 year House Appreciation rate of 8.27%. Friendship Heights Village provides its residents with quality homes and amenities that make it an attractive place to live.
The median home cost in Friendship Heights Village is $487,000. Home appreciation the last 10 years has been 46.2%. Home Appreciation in Friendship Heights Village is up 11.3%.
Average Age of Homes
- The median age of Friendship Heights Village real estate is 44 years old
The Rental Market in Friendship Heights Village
- Renters make up 61.8% of the Friendship Heights Village population
- 4.4% of houses and apartments in Friendship Heights Village, 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.