The housing market of 20871 Clarksburg, MD is very valuable. The median value for a house in this area is $581,900, which is much higher than the US median value of $338,100. Despite the pandemic causing a hit to the housing market in 2020, the appreciation rate for homes in this region still stayed above 5%, making it a desirable place to buy or invest in real estate. With an appreciation rate of 5.58%, this town offers great potential for a long-term investment and homeownership.
The median home cost in Clarksburg (zip 20871) is $581,900. Home appreciation the last 10 years has been 46.2%. Home Appreciation in Clarksburg (zip 20871) is up 11.3%.
Average Age of Homes
- The median age of Clarksburg (zip 20871) real estate is 11 years old
The Rental Market in Clarksburg (zip 20871)
- Renters make up 12.9% of the Clarksburg (zip 20871) population
- 0.5% of houses and apartments in Clarksburg (zip 20871), 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.