Wheaton, MD is a great place to live for those looking for a high median value in housing. The housing median value in Wheaton is $450,400, which is significantly higher than the US House Median Value of $338,100. Although the US House Appreciation rate is 8.27%, the appreciation rate for housing in Wheaton is much more modest at 2.50%. This lower appreciation rate can be beneficial to those looking to invest in home ownership and take advantage of the high median value without worrying about inflation affecting their investment.
The median home cost in Wheaton is $450,400. Home appreciation the last 10 years has been 59.0%. Home Appreciation in Wheaton is up 9.2%.
Average Age of Homes
- The median age of Wheaton real estate is 58 years old
The Rental Market in Wheaton
- Renters make up 33.0% of the Wheaton population
- 1.2% of houses and apartments in Wheaton, 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.