The housing market in 20616 Bryans Road, MD is quite healthy. The median value of homes in this area is $358,000, which is slightly higher than the US median housing value of $338,100. Additionally, the 1 year appreciation rate for homes in this area is 7.62%, which is slightly lower than the US average of 8.27%. This indicates that the market is stable and homeowners are able to maintain their property values with ease. With these traits in mind, 20616 Bryans Road, MD remains an attractive location for buyers looking to settle down or invest in a home.
The median home cost in Bryans Road (zip 20616) is $358,000. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Bryans Road (zip 20616) is up 12.7%.
Average Age of Homes
- The median age of Bryans Road (zip 20616) real estate is 28 years old
The Rental Market in Bryans Road (zip 20616)
- Renters make up 10.9% of the Bryans Road (zip 20616) population
- 0.5% of houses and apartments in Bryans Road (zip 20616), 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.