The housing market in 20737 East Riverdale, MD is slightly below the average median value of the US, with the median value being $363,200. This is $25,900 lower than the US median value of $338,100. This difference can be attributed to slower house appreciation when compared to the rest of the nation. Over a period of one year, East Riverdale saw an appreciation rate of 6.91%, which is 1.36% less than the 8.27% seen by US homes in the same time period. Despite this slightly slower appreciation rate, 20737 East Riverdale still remains a desirable area for potential homebuyers and provides great opportunities for investment as well.
The median home cost in East Riverdale (zip 20737) is $363,200. Home appreciation the last 10 years has been 86.5%. Home Appreciation in East Riverdale (zip 20737) is up 10.7%.
Average Age of Homes
- The median age of East Riverdale (zip 20737) real estate is 54 years old
The Rental Market in East Riverdale (zip 20737)
- Renters make up 48.6% of the East Riverdale (zip 20737) population
- 1.4% of houses and apartments in East Riverdale (zip 20737), 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.