Jennings, MD is a great place to own a home. The median value of homes in Jennings is $257,200, which is substantially lower than the US median value of $338,100. This makes Jennings an attractive option for potential homeowners looking for an affordable home with good appreciation potential. In fact, homes in Jennings have seen an impressive appreciation rate of 17.95% over the last year, which is significantly higher than the US average of 8.27%. With its relatively low median price and strong appreciation rate, housing in Jennings offers great financial potential to new homeowners.
The median home cost in Jennings is $257,200. Home appreciation the last 10 years has been 29.3%. Home Appreciation in Jennings is up 11.6%.
Average Age of Homes
- The median age of Jennings real estate is 50 years old
The Rental Market in Jennings
- Renters make up 0.0% of the Jennings population
- 0.0% of houses and apartments in Jennings, 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.