The housing market in 21532 Frostburg, MD has been booming in recent years, with the median value of homes reaching $147,400. This is significantly lower than the US median value of $338,100, but the prices have appreciated at a much faster rate. In the last year alone, prices have risen by 17.95%, more than double the US's 1 year appreciation rate of 8.27%. It's an exciting time to purchase a home in Frostburg as values are still relatively low and appreciation is strong.
The median home cost in Frostburg (zip 21532) is $147,400. Home appreciation the last 10 years has been 29.3%. Home Appreciation in Frostburg (zip 21532) is up 11.6%.
Average Age of Homes
- The median age of Frostburg (zip 21532) real estate is 50 years old
The Rental Market in Frostburg (zip 21532)
- Renters make up 34.2% of the Frostburg (zip 21532) population
- 4.6% of houses and apartments in Frostburg (zip 21532), 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.