The housing market in Parole, MD is booming. The median value of a home in the area is $477,900, which is significantly higher than the US median value of $338,100. Furthermore, over the past year the house appreciation in Parole, MD has been 15.72%, which is much greater than the US one year house appreciation of 8.27%. These factors suggest that Parole, MD is an attractive place to purchase a home and invest in real estate.
The median home cost in Parole is $477,900. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Parole is up 10.9%.
Average Age of Homes
- The median age of Parole real estate is 27 years old
The Rental Market in Parole
- Renters make up 30.8% of the Parole population
- 1.0% of houses and apartments in Parole, 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.