Parsonsburg, MD is a great place to live when considering the housing market. The median value of housing in Parsonsburg is $241,900 which is significantly lower than the US House median value of $338,100. In addition to being more affordable than the national average, the 1 year house appreciation in Parsonsburg is 14.76% compared to 8.27% nationally. This makes it an attractive location for people who are looking to invest in real estate or buy a home with strong potential for appreciation.
The median home cost in Parsonsburg is $241,900. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Parsonsburg is up 14.0%.
Average Age of Homes
- The median age of Parsonsburg real estate is 40 years old
The Rental Market in Parsonsburg
- Renters make up 31.4% of the Parsonsburg population
- 0.0% of houses and apartments in Parsonsburg, 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.