North Beach, MD is a desirable area with its housing market thriving compared to the rest of the US. The median value for houses in North Beach is $352,800 which is higher than the US median at $338,100. Despite a slightly lower 1 year appreciation rate of 6.9% compared to the national average of 8.27%, North Beach remains an attractive option for those looking to invest in housing due to its higher median value.
The median home cost in North Beach is $352,800. Home appreciation the last 10 years has been 86.5%. Home Appreciation in North Beach is up 10.7%.
Average Age of Homes
- The median age of North Beach real estate is 23 years old
The Rental Market in North Beach
- Renters make up 49.6% of the North Beach population
- 2.1% of houses and apartments in North 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.