The housing market in Maryland, NY is an attractive option for potential buyers. The median value of homes in this area is $161,400, significantly lower than the US median value of $338,100. Furthermore, while the US home appreciation rate over the last year has been 8.27%, the home appreciation rate for Maryland, NY has been 12.20%, highlighting that it is a particularly strong market to invest in.
The median home cost in Maryland is $161,400. Home appreciation the last 10 years has been 52.6%. Home Appreciation in Maryland is up 11.9%.
Average Age of Homes
- The median age of Maryland real estate is 54 years old
The Rental Market in Maryland
- Renters make up 16.1% of the Maryland population
- 1.2% of houses and apartments in Maryland, 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.