The housing market in Wicomico, MD County is flourishing. The median value of a house in the county is $222,000, significantly lower than the US median value of $338,100. However, house appreciation in Wicomico County has been impressive: over the past year it has increased 14.76%, much higher than the national average of 8.27%. This strong growth provides an excellent opportunity for potential homeowners who are looking to take advantage of the current real estate market.
The median home cost in Wicomico County is $222,000. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Wicomico County is up 14.0%.
Average Age of Homes
- The median age of Wicomico County real estate is 35 years old
The Rental Market in Wicomico County
- Renters make up 32.5% of the Wicomico County population
- 1.7% of houses and apartments in Wicomico 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.