The housing market in 21093 Mays Chapel, MD is a strong one. The median value of houses in the area is $429,400, which is significantly higher than the US house median value of $338,100. In addition, the 1 year appreciation rate for houses in Mays Chapel was 8.62%, slightly higher than the national average of 8.27%. This indicates that buying or selling a home in this area would be a wise investment with potential to appreciate over time.
The median home cost in Mays Chapel (zip 21093) is $429,400. Home appreciation the last 10 years has been 49.5%. Home Appreciation in Mays Chapel (zip 21093) is up 10.6%.
Average Age of Homes
- The median age of Mays Chapel (zip 21093) real estate is 42 years old
The Rental Market in Mays Chapel (zip 21093)
- Renters make up 20.5% of the Mays Chapel (zip 21093) population
- 0.4% of houses and apartments in Mays Chapel (zip 21093), 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.