Middle River, MD is an ideal place for those looking to invest in the housing market. The median value of a home in Middle River is $273,300, which is slightly lower than the US House Median Value of $338,100. However, the one year house appreciation in Middle River is 8.81%, which is higher than the one year US house appreciation rate of 8.27%. This means that investing in housing in Middle River could bring a better return on investment for potential buyers.
The median home cost in Middle River is $273,300. Home appreciation the last 10 years has been 52.0%. Home Appreciation in Middle River is up 8.8%.
Average Age of Homes
- The median age of Middle River real estate is 45 years old
The Rental Market in Middle River
- Renters make up 35.6% of the Middle River population
- 2.3% of houses and apartments in Middle River, 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.