The housing market in Port Deposit, MD is doing well compared to the national median. The median value of houses in Port Deposit is $335,500, while the US median house value is $338,100. Additionally, the one year appreciation rate for homes in Port Deposit is 9.66%, higher than the national rate of 8.27%. This indicates that there has been a steady increase in house values over the past year. Overall, it can be seen that housing in Port Deposit is a strong and desirable investment opportunity for those who are looking to invest in real estate.
The median home cost in Port Deposit is $335,500. Home appreciation the last 10 years has been 48.2%. Home Appreciation in Port Deposit is up 9.3%.
Average Age of Homes
- The median age of Port Deposit real estate is 76 years old
The Rental Market in Port Deposit
- Renters make up 37.6% of the Port Deposit population
- 9.4% of houses and apartments in Port Deposit, 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.