The housing market in Scaggsville, MD is quite robust with a median value of $600,500. This is much higher than the US house median value of $338,100, showing that this area is desirable and valuable. The US house appreciation for the past year has been 8.27%, while the house appreciation in Scaggsville, MD was slightly lower at 6.91%. This shows that Scaggsville still provides a solid return on investment despite the slightly lower rate of appreciation compared to the rest of the country.
The median home cost in Scaggsville is $600,500. Home appreciation the last 10 years has been 86.5%. Home Appreciation in Scaggsville is up 10.7%.
Average Age of Homes
- The median age of Scaggsville real estate is 30 years old
The Rental Market in Scaggsville
- Renters make up 8.4% of the Scaggsville population
- 0.4% of houses and apartments in Scaggsville, 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.