South Kensington, MD is a desirable area for housing with a median value of $929,200, which is much higher than the US median value of $338,100. Although the US experienced an 8.27% appreciation in housing values over the last year, South Kensington’s appreciation rate was somewhat lower at 5.37%. Despite this lower rate, South Kensington still remains a highly sought after location for homeowners looking for a safe and high-valued investment.
The median home cost in South Kensington is $929,200. Home appreciation the last 10 years has been 47.1%. Home Appreciation in South Kensington is up 11.2%.
Average Age of Homes
- The median age of South Kensington real estate is 62 years old
The Rental Market in South Kensington
- Renters make up 11.2% of the South Kensington population
- 0.0% of houses and apartments in South Kensington, 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.