The housing market in Bethesda, MD (20814) is quite expensive compared to the US median value of $338,100. The median value of a house in Bethesda is $808,600 which shows that Bethesda is a desirable place to live. Despite being higher than the US median value, the appreciation rate for housing in Bethesda has been relatively low at 5.58% over the past year compared to 8.27% across the nation. This could mean that buyers are not willing to pay high prices for homes in this area or it could be due to other market conditions such as availability or interest rates. In any case, Bethesda remains an attractive and expensive housing market with many people still interested in buying homes here.
The median home cost in Bethesda (zip 20814) is $808,600. Home appreciation the last 10 years has been 46.2%. Home Appreciation in Bethesda (zip 20814) is up 11.3%.
Average Age of Homes
- The median age of Bethesda (zip 20814) real estate is 48 years old
The Rental Market in Bethesda (zip 20814)
- Renters make up 40.6% of the Bethesda (zip 20814) population
- 3.7% of houses and apartments in Bethesda (zip 20814), 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.