Charles, MD County has seen a steady increase in the median value of its housing over the past year, reaching a median value of $391,900. This is significantly higher than the US House Median Value of $338,100 and reflects an impressive 9.21% appreciation rate - higher than the 8.27% rate for the US overall. This suggests that Charles, MD County is experiencing a positive trend in its housing market. Investing in property here could prove to be a smart choice for buyers and renters alike.
The median home cost in Charles County is $391,900. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Charles County is up 12.7%.
Average Age of Homes
- The median age of Charles County real estate is 28 years old
The Rental Market in Charles County
- Renters make up 20.4% of the Charles County population
- 1.0% of houses and apartments in Charles 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.