Zip 21120 (Parkton, MD) Housing

The housing market in 21120 Parkton, MD is one of the most sought after areas to live. The median value of a house in the area is $554,000, significantly higher than the US median value of $338,100. The past year has seen an 8.27% increase in the US median value and 7.76% for homes in Parkton. This indicates that Parkton offers a great investment opportunity due to its lower appreciation rate compared to the rest of the country. Housing experts predict that this trend will continue as more and more people are drawn to area's desirable location and amenities.

The median home cost in Parkton (zip 21120) is $554,000. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Parkton (zip 21120) is up 10.4%.

Average Age of Homes

- The median age of Parkton (zip 21120) real estate is 34 years old

The Rental Market in Parkton (zip 21120)

- Renters make up 6.2% of the Parkton (zip 21120) population
- 1.5% of houses and apartments in Parkton (zip 21120), 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	Parkton, Maryland	United States
	2,570.0	139,647,020.0
	33	42
	$554,000	$338,100
	10.4%	16.6%
	36.2%	57.0%
	51.9%	101.1%
	$9.87	$10.98
	$4,813	$2,690
	89.8%	57.4%
	5.6%	11.2%
	4.6%	31.4%
Vacant Housing
	1.5%	1.9%
	0.3%	0.4%
	0.8%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.4%	4.5%
	0.8%	11.3%
	0.8%	13.0%
	12.8%	20.1%
	15.2%	13.6%
	22.4%	8.3%
	37.2%	9.7%
	5.8%	3.9%
	1.1%	2.2%
	3.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	1.8%	0.2%
	19.6%	13.6%
	19.6%	13.6%
	18.5%	13.6%
	19.4%	13.2%
	13.7%	14.8%
	18.5%	13.6%
	7.1%	10.0%
	1.8%	4.7%
	8.0%	12.2%

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