In 20625 Cobb Island, MD the median housing value is $326,600. This is slightly lower than the US median housing value of $338,100. The US experienced a 1 year house appreciation rate of 8.27%, but the appreciation in 20625 Cobb Island was 7.62%. This suggests that overall housing values in 20625 Cobb Island have been slower to appreciate than those in the US as a whole. This could be a great time to invest in real estate in this area for buyers who are looking for property that may not increase its value as quickly as other locations.
The median home cost in Cobb Island (zip 20625) is $326,600. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Cobb Island (zip 20625) is up 12.7%.
Average Age of Homes
- The median age of Cobb Island (zip 20625) real estate is 54 years old
The Rental Market in Cobb Island (zip 20625)
- Renters make up 12.2% of the Cobb Island (zip 20625) population
- 0.0% of houses and apartments in Cobb Island (zip 20625), 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.