Funkstown, MD is a small town located in Washington County with a population of just under 1,800 people. The median value of housing in Funkstown is $225,400 which is significantly lower than the US house median value of $338,100. However, the one year house appreciation rate for Funkstown remains steady at 7.84%, which is slightly below the US house appreciation rate of 8.27%. Overall, Funkstown is an affordable option for those looking to buy a home and offers stable growth in the housing market.
The median home cost in Funkstown is $225,400. Home appreciation the last 10 years has been 62.2%. Home Appreciation in Funkstown is up 11.5%.
Average Age of Homes
- The median age of Funkstown real estate is 59 years old
The Rental Market in Funkstown
- Renters make up 45.3% of the Funkstown population
- 1.1% of houses and apartments in Funkstown, 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.