Long Beach, MD is a great place to invest in real estate. The median value of homes in the area is $338,500, which is only slightly less than the national median value of $338,100 and slightly lower than the national one year house appreciation rate of 8.27%. Despite this, Long Beach still experienced a one year house appreciation rate of 7.62%, indicating that it still remains an attractive option for housing investment. With its close proximity to Washington D.C., excellent school districts, and ample shopping and entertainment options, Long Beach offers an amazing quality of life with plenty of opportunities for homeowners in the area.
The median home cost in Long Beach is $338,500. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Long Beach is up 12.7%.
Average Age of Homes
- The median age of Long Beach real estate is 38 years old
The Rental Market in Long Beach
- Renters make up 7.6% of the Long Beach population
- 0.0% of houses and apartments in Long Beach, 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.