Housing in Prince Frederick, MD is quite expensive compared to the US median value of $338,100. Interestingly, the appreciation rate in Prince Frederick is only slightly lower than the national average of 8.27%, coming in at 7.62%. This indicates that despite its higher median value, home values are still rising steadily as they are across the country. If you're looking for a more affordable option for housing with good appreciation potential, Prince Frederick may be an option worth considering.
The median home cost in Prince Frederick is $423,800. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Prince Frederick is up 12.7%.
Average Age of Homes
- The median age of Prince Frederick real estate is 20 years old
The Rental Market in Prince Frederick
- Renters make up 60.5% of the Prince Frederick population
- 4.8% of houses and apartments in Prince Frederick, 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.