In 2012, Arnold, MD had a median housing value of $524,400, which was significantly higher than the US median housing value at that time of $338,100. Moreover, in the same year, the rate of appreciation for homes in Arnold was 8.62%, slightly higher than the national average of 8.27%. This demonstrates a strong housing market in Arnold and suggests that investing in local homes is a wise choice.
The median home cost in Arnold (zip 21012) is $524,400. Home appreciation the last 10 years has been 49.5%. Home Appreciation in Arnold (zip 21012) is up 10.6%.
Average Age of Homes
- The median age of Arnold (zip 21012) real estate is 37 years old
The Rental Market in Arnold (zip 21012)
- Renters make up 16.4% of the Arnold (zip 21012) population
- 0.3% of houses and apartments in Arnold (zip 21012), 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.