Gambrills, MD has a median housing value of $532,200, which is much higher than the overall US median housing value of $338,100. Houses in Gambrills have experienced a one year appreciation rate of 7.85%, compared to the 8.27% average for the country as a whole. This suggests that Gambrills has strong potential for investment in residential properties and is a great area to consider when looking for an affordable and desirable home.
The median home cost in Gambrills is $532,200. Home appreciation the last 10 years has been 51.7%. Home Appreciation in Gambrills is up 10.4%.
Average Age of Homes
- The median age of Gambrills real estate is 34 years old
The Rental Market in Gambrills
- Renters make up 4.4% of the Gambrills population
- 1.0% of houses and apartments in Gambrills, 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.