Pomfret, MD is a great place to live due to its housing market. The median value of a house in Pomfret is $415,900, which is slightly higher than the national median at $338,100. In the past year, the appreciation for houses in Pomfret was 7.62%, which is just slightly lower than the national 1 year house appreciation rate of 8.27%. This indicates that although prices may be high, they are stable and likely to increase over time. With its proximity to major cities and high quality of life, Pomfret makes a great choice for those looking for housing with solid growth potential.
The median home cost in Pomfret is $415,900. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Pomfret is up 12.7%.
Average Age of Homes
- The median age of Pomfret real estate is 46 years old
The Rental Market in Pomfret
- Renters make up 19.7% of the Pomfret population
- 0.0% of houses and apartments in Pomfret, 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.