Sykesville, MD Housing

The housing market in Sykesville, MD is thriving with a median value of $504,800, much higher than the US median house value of $338,100. The appreciation rate for houses in Sykesville is 7.84%, slightly below the US average of 8.27%. This suggests that although the housing market in Sykesville is performing better than most other areas in the United States, the appreciation rate is still lower than the national average. As such, those interested in buying houses in Sykesville should consider carefully before making a decision on whether or not to invest in this area.

The median home cost in Sykesville is $504,800. Home appreciation the last 10 years has been 62.2%. Home Appreciation in Sykesville is up 11.5%.

Average Age of Homes

- The median age of Sykesville real estate is 30 years old

The Rental Market in Sykesville

- Renters make up 31.1% of the Sykesville population
- 1.3% of houses and apartments in Sykesville, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Sykesville, Maryland	United States
	1,465.0	139,647,020.0
	37	42
	$504,800	$338,100
	11.5%	16.6%
	42.6%	57.0%
	62.2%	101.1%
	$10.40	$10.98
	$3,877	$2,690
	63.5%	57.4%
	2.5%	11.2%
	34.0%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	1.2%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	1.2%	2.4%
	1.2%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.9%	11.3%
	3.3%	13.0%
	26.5%	20.1%
	20.7%	13.6%
	25.5%	8.3%
	17.1%	9.7%
	0.0%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	1.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.5%	13.6%
	2.5%	13.6%
	26.2%	13.6%
	23.1%	13.2%
	24.7%	14.8%
	26.2%	13.6%
	5.1%	10.0%
	3.5%	4.7%
	6.1%	12.2%