Allegany County, MD Housing

The housing market in Allegany, MD County is quite affordable compared to the US average. The median value of homes in Allegany is $134,700, which is significantly lower than the US median value of $338,100. Despite this difference, the appreciation rate for housing in Allegany is still competitive with the rest of the nation. Within one year, house values in Allegany have appreciated by 7.84%, just slightly below the national average of 8.27%. This indicates a healthy market that should continue to grow in value over time.

The median home cost in Allegany County is $134,700. Home appreciation the last 10 years has been 29.5%. Home Appreciation in Allegany County is up 11.6%.

Average Age of Homes

- The median age of Allegany County real estate is 60 years old

The Rental Market in Allegany County

- Renters make up 26.2% of the Allegany County population
- 2.4% of houses and apartments in Allegany County, 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	Allegany, Maryland	United States
	32,927.0	139,647,020.0
	63	42
	$134,700	$338,100
	11.6%	16.6%
	33.3%	57.0%
	29.5%	101.1%
	$11.90	$10.98
	$1,565	$2,690
	57.6%	57.4%
	16.3%	11.2%
	26.2%	31.4%
Vacant Housing
	2.4%	1.9%
	0.4%	0.4%
	1.1%	0.7%
	0.3%	0.4%
	3.4%	3.6%
	8.7%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	4.1%	2.4%
	6.4%	2.8%
	9.4%	3.9%
	11.8%	4.5%
	24.5%	11.3%
	20.3%	13.0%
	12.1%	20.1%
	4.5%	13.6%
	1.9%	8.3%
	1.3%	9.7%
	0.6%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.4%	13.6%
	4.4%	13.6%
	7.4%	13.6%
	6.7%	13.2%
	12.4%	14.8%
	7.4%	13.6%
	11.5%	10.0%
	8.0%	4.7%
	32.7%	12.2%

Reviews for Allegany

See all (0)

Write a Review

Start Your Review of Allegany

Commute