North Kensington, MD has a median housing value of $538,700, which is significantly higher than the US median value of $338,100. While the US experienced an 8.27% house appreciation rate in the last year, North Kensington’s appreciation rate was slightly lower at 4.60%. Despite a lower appreciation rate for homes in North Kensington, the area still offers significant value compared to other parts of the country.
The median home cost in North Kensington is $538,700. Home appreciation the last 10 years has been 50.3%. Home Appreciation in North Kensington is up 10.6%.
Average Age of Homes
- The median age of North Kensington real estate is 58 years old
The Rental Market in North Kensington
- Renters make up 25.6% of the North Kensington population
- 1.0% of houses and apartments in North Kensington, 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.