The housing market in 20615 Broomes Island, MD is faring well compared to the median value and appreciation rate of housing across the United States. The median housing value in 20615 Broomes Island, MD sits at $470,600 which is significantly higher than the US House median value of $338,100. Similarly, the 1 year house appreciation rate for 20615 Broomes Island is 7.62%, only slightly lower than the US 1 year house appreciation rate of 8.27%. Overall, this indicates that the housing market in 20615 Broomes Island is healthy and a good place to invest in real estate.
The median home cost in Broomes Island (zip 20615) is $470,600. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Broomes Island (zip 20615) is up 12.7%.
Average Age of Homes
- The median age of Broomes Island (zip 20615) real estate is 50 years old
The Rental Market in Broomes Island (zip 20615)
- Renters make up 0.0% of the Broomes Island (zip 20615) population
- 0.0% of houses and apartments in Broomes Island (zip 20615), 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.