The housing market in 20618 Bushwood, MD has seen an increase in home value over the past year. The median value of homes in this area is currently $309,000, which is slightly lower than the US house median value of $338,100. However, despite the difference in values, the one year house appreciation for 20618 Bushwood is still significant at 7.62%, just below the national average of 8.27%. This shows that homeowners in this area are seeing a positive trend and could expect to benefit from increasing equity.
The median home cost in Bushwood (zip 20618) is $309,000. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Bushwood (zip 20618) is up 12.7%.
Average Age of Homes
- The median age of Bushwood (zip 20618) real estate is 47 years old
The Rental Market in Bushwood (zip 20618)
- Renters make up 4.4% of the Bushwood (zip 20618) population
- 0.0% of houses and apartments in Bushwood (zip 20618), 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.