Housing in Glenn Dale, MD is significantly more expensive than the median value for the entire US. The median value of housing in Glenn Dale is $541,300, which is much higher than the national median of $338,100. Despite this high cost of living, house appreciation has been relatively stable over the past year. Homeowners in Glenn Dale can expect a 6.91% appreciation rate over the course of 12 months, compared to 8.27% nationally. While prices are high in this area, there is still potential for homeowners to see increased returns on their investment.
The median home cost in Glenn Dale is $541,300. Home appreciation the last 10 years has been 86.5%. Home Appreciation in Glenn Dale is up 10.7%.
Average Age of Homes
- The median age of Glenn Dale real estate is 30 years old
The Rental Market in Glenn Dale
- Renters make up 17.7% of the Glenn Dale population
- 0.9% of houses and apartments in Glenn Dale, 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.