Zip 21221 (Essex, MD) Housing

The median value of housing in 21221 Essex, MD is $254,300. This is significantly lower than the national median value of $338,100 and demonstrates the affordability of this area. In spite of this, housing in this area has appreciated by 8.83% over the past year, which is higher than the national average house appreciation rate of 8.27%. This shows that the area is a desirable place to live and invest in property despite its lower median value when compared to other places around the country.

The median home cost in Essex (zip 21221) is $254,300. Home appreciation the last 10 years has been 52.0%. Home Appreciation in Essex (zip 21221) is up 8.8%.

Average Age of Homes

- The median age of Essex (zip 21221) real estate is 50 years old

The Rental Market in Essex (zip 21221)

- Renters make up 38.7% of the Essex (zip 21221) population
- 1.9% of houses and apartments in Essex (zip 21221), 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	Essex, Maryland	United States
	18,174.0	139,647,020.0
	57	42
	$254,300	$338,100
	8.8%	16.6%
	32.3%	57.0%
	52.0%	101.1%
	$12.81	$10.98
	$2,753	$2,690
	55.9%	57.4%
	7.4%	11.2%
	36.7%	31.4%
Vacant Housing
	1.9%	1.9%
	0.1%	0.4%
	0.5%	0.7%
	0.4%	0.4%
	0.6%	3.6%
	3.9%	4.1%
Value of Owner-Occupied Housing
	4.7%	2.6%
	1.1%	2.4%
	0.2%	2.8%
	0.9%	3.9%
	1.8%	4.5%
	18.0%	11.3%
	18.6%	13.0%
	29.6%	20.1%
	15.4%	13.6%
	4.2%	8.3%
	3.7%	9.7%
	0.6%	3.9%
	0.9%	2.2%
	0.3%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.4%	13.6%
	7.4%	13.6%
	8.9%	13.6%
	12.6%	13.2%
	9.7%	14.8%
	8.9%	13.6%
	25.6%	10.0%
	11.8%	4.7%
	7.3%	12.2%

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