The housing market in Calvert, MD County is thriving. The median value of homes in the area currently stands at $432,000 which is significantly higher than the US national average of $338,100. In recent years, the value of housing has appreciated rapidly with an 8.27% increase nationally and a 7.68% increase in Calvert county. This trend suggests that potential buyers should expect prices to continue increasing in the near future. As such, investing in property in this area may be a sound financial decision.
The median home cost in Calvert County is $432,000. Home appreciation the last 10 years has been 65.9%. Home Appreciation in Calvert County is up 12.0%.
Average Age of Homes
- The median age of Calvert County real estate is 27 years old
The Rental Market in Calvert County
- Renters make up 17.1% of the Calvert County population
- 1.2% of houses and apartments in Calvert 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.