The housing market in 20621 Chaptico, MD is quite strong compared to other places in the US. The median value of a house in 20621 Chaptico is $443,200 which is above the US average of $338,100. This shows that it is a desirable place to live and invest in real estate. Furthermore, over the past year, the appreciation rate for houses in 20621 Chaptico has been 7.62%, which is slightly below the US average of 8.27%. This indicates that although growth may be slowing compared to other parts of the country, 20621 Chaptico still remains an attractive housing option due to its high median value.
The median home cost in Chaptico (zip 20621) is $443,200. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Chaptico (zip 20621) is up 12.7%.
Average Age of Homes
- The median age of Chaptico (zip 20621) real estate is 47 years old
The Rental Market in Chaptico (zip 20621)
- Renters make up 8.0% of the Chaptico (zip 20621) population
- 0.0% of houses and apartments in Chaptico (zip 20621), 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.