Laytonsville, Maryland is known for its luxury housing market. The median house value in Laytonsville is $807,200, more than twice the US house median value of $338,100. Although the US had an 8.27% appreciation rate on houses over the past year, Laytonsville only saw a 5.58% appreciation rate during this same duration. Despite this lower rate, Laytonsville's high initial cost and strong real estate market make it an attractive location for those looking to invest in property or purchase a home.
The median home cost in Laytonsville is $807,200. Home appreciation the last 10 years has been 46.2%. Home Appreciation in Laytonsville is up 11.3%.
Average Age of Homes
- The median age of Laytonsville real estate is 53 years old
The Rental Market in Laytonsville
- Renters make up 21.3% of the Laytonsville population
- 0.0% of houses and apartments in Laytonsville, 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.