The housing market in North East, MD is doing well. The median value of a home there is $329,400, slightly lower than the US median of $338,100. However, the one-year appreciation rate for homes in North East, MD is 9.66%, which is higher than the US average of 8.27%. This indicates that investment in North East real estate is a sound decision, offering both fair pricing and good growth potential.
The median home cost in North East is $329,400. Home appreciation the last 10 years has been 48.2%. Home Appreciation in North East is up 9.3%.
Average Age of Homes
- The median age of North East real estate is 26 years old
The Rental Market in North East
- Renters make up 44.9% of the North East population
- 2.2% of houses and apartments in North East, 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.