In Clear Spring, MD (zip code 21722), the median value of a house is $282,100. This is slightly below the national median housing value of $338,100. Over the last year, the appreciation rate for homes in Clear Spring has been 7.84%, which is slightly below the nationwide appreciation rate of 8.27%. This indicates that Clear Spring's housing market may be undervalued compared to other parts of the country. Despite this, homeowners in Clear Spring have still seen an increase in their home values over the past year, and many are expected to continue to benefit from higher property values in coming years.
The median home cost in Clear Spring (zip 21722) is $282,100. Home appreciation the last 10 years has been 62.2%. Home Appreciation in Clear Spring (zip 21722) is up 11.5%.
Average Age of Homes
- The median age of Clear Spring (zip 21722) real estate is 38 years old
The Rental Market in Clear Spring (zip 21722)
- Renters make up 11.1% of the Clear Spring (zip 21722) population
- 0.4% of houses and apartments in Clear Spring (zip 21722), 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.