The housing median value in 21227 Arbutus, MD is $266,100, which is significantly lower than the US House Median Value of $338,100. However, the one year house appreciation in 21227 Arbutus is 8.83%, which is higher than the one year national average of 8.27%. This demonstrates that while the median value might be lower in Arbutus compared to other parts of the US, it still has a good rate of appreciation and investment potential.
The median home cost in Arbutus (zip 21227) is $266,100. Home appreciation the last 10 years has been 52.0%. Home Appreciation in Arbutus (zip 21227) is up 8.8%.
Average Age of Homes
- The median age of Arbutus (zip 21227) real estate is 60 years old
The Rental Market in Arbutus (zip 21227)
- Renters make up 36.5% of the Arbutus (zip 21227) population
- 1.6% of houses and apartments in Arbutus (zip 21227), 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.