Lutherville, MD is a great place to call home due to its high housing median value. With a median value of $440,300, Lutherville is well above the national average of $338,100. The 1 year house appreciation rate in Lutherville is also higher than the national average at 8.62%. One could safely assume that real estate in Lutherville is a wise investment since it has shown consistent growth over the last year. It's no wonder why so many people choose to call Lutherville home.
The median home cost in Lutherville is $440,300. Home appreciation the last 10 years has been 49.5%. Home Appreciation in Lutherville is up 10.6%.
Average Age of Homes
- The median age of Lutherville real estate is 60 years old
The Rental Market in Lutherville
- Renters make up 13.7% of the Lutherville population
- 0.0% of houses and apartments in Lutherville, 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.