The housing market in Baltimore, MD County is showing healthy appreciation rates compared to the national average. The median value in the county is $321,600, slightly lower than the US House Median Value of $338,100. Despite this difference, Baltimore has seen a 1 year House Appreciation rate of 7.90%, which is only slightly lower than the US average of 8.27%. This shows that the housing market in Baltimore County is strong and could be an ideal place for those looking to invest or buy a home.
The median home cost in Baltimore County is $321,600. Home appreciation the last 10 years has been 51.7%. Home Appreciation in Baltimore County is up 9.3%.
Average Age of Homes
- The median age of Baltimore County real estate is 45 years old
The Rental Market in Baltimore County
- Renters make up 31.5% of the Baltimore County population
- 2.0% of houses and apartments in Baltimore 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.