The housing market in 21077 Severn, MD is thriving. According to recent data, the median value of a home in this area is $420,000. This is higher than the national average of $338,100 and demonstrates that this neighborhood is highly desirable. Furthermore, homes have appreciated by 8.62% over the past year, which is higher than the US average of 8.27%. This appreciation rate suggests that this area is continuing to thrive and may be a great investment opportunity for potential homeowners.
The median home cost in Severn (zip 21077) is $420,000. Home appreciation the last 10 years has been 49.5%. Home Appreciation in Severn (zip 21077) is up 10.6%.
Average Age of Homes
- The median age of Severn (zip 21077) real estate is 6 years old
The Rental Market in Severn (zip 21077)
- Renters make up 0.0% of the Severn (zip 21077) population
- 0.0% of houses and apartments in Severn (zip 21077), 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.