Mount Lena, MD has a median housing value of $237,600, which is significantly lower than the US House Median Value of $338,100. However, the 1 year house appreciation in Mount Lena, MD is still quite high at 7.84%, only slightly lower than the US 1 year House Appreciation of 8.27%. This indicates that housing values in Mount Lena are growing steadily and could be a good investment opportunity for buyers looking to settle into the area.
The median home cost in Mount Lena is $237,600. Home appreciation the last 10 years has been 62.2%. Home Appreciation in Mount Lena is up 11.5%.
Average Age of Homes
- The median age of Mount Lena real estate is 49 years old
The Rental Market in Mount Lena
- Renters make up 18.6% of the Mount Lena population
- 0.0% of houses and apartments in Mount Lena, 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.