Zip 20816 (Bethesda, MD) Housing

The housing market in Bethesda, MD (20816) is significantly more expensive than the national median. With an average house median value of $1,227,200 compared to the US average of $338,100, it's clear that housing in this area is quite expensive. Despite the high cost of living in Bethesda, house appreciation over the last year has been slightly below the national average at 5.58%, compared to 8.27% for the US as a whole. Despite this lower rate of appreciation, Bethesda remains an attractive destination for potential home buyers or investors due to its high quality of life and business opportunities.

The median home cost in Bethesda (zip 20816) is $1,227,200. Home appreciation the last 10 years has been 46.2%. Home Appreciation in Bethesda (zip 20816) is up 11.3%.

Average Age of Homes

- The median age of Bethesda (zip 20816) real estate is 60 years old

The Rental Market in Bethesda (zip 20816)

- Renters make up 17.3% of the Bethesda (zip 20816) population
- 1.8% of houses and apartments in Bethesda (zip 20816), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Bethesda, Maryland	United States
	6,794.0	139,647,020.0
	62	42
	$1,227,200	$338,100
	11.3%	16.6%
	30.3%	57.0%
	46.2%	101.1%
	$9.60	$10.98
	$9,504	$2,690
	75.9%	57.4%
	6.2%	11.2%
	17.9%	31.4%
Vacant Housing
	1.8%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.7%	0.4%
	1.3%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.9%	11.3%
	0.2%	13.0%
	1.8%	20.1%
	4.6%	13.6%
	1.7%	8.3%
	13.2%	9.7%
	28.5%	3.9%
	30.7%	2.2%
	12.2%	0.8%
	6.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.5%	13.6%
	4.5%	13.6%
	4.2%	13.6%
	6.2%	13.2%
	14.1%	14.8%
	4.2%	13.6%
	28.5%	10.0%
	11.2%	4.7%
	12.2%	12.2%

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