The housing market in 20622 Charlotte Hall, MD is thriving. According to the latest figures, the median value of homes in the area is $451,300, which is significantly higher than the national median of $338,100. Over the past year, house appreciation has been strong at 7.62%, slightly lower than the nationwide appreciation rate of 8.27%. This shows that despite being a few tenths of a percentage point lower than the country as a whole, housing in 20622 Charlotte Hall remains an attractive investment option for potential buyers looking to get a good return on their purchase.
The median home cost in Charlotte Hall (zip 20622) is $451,300. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Charlotte Hall (zip 20622) is up 12.7%.
Average Age of Homes
- The median age of Charlotte Hall (zip 20622) real estate is 33 years old
The Rental Market in Charlotte Hall (zip 20622)
- Renters make up 10.7% of the Charlotte Hall (zip 20622) population
- 0.5% of houses and apartments in Charlotte Hall (zip 20622), 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.