Housing in 21043 Ellicott City, MD is very expensive with a median value of $544,000 compared to the US house median value of $338,100. However, home values have appreciated strongly over the past year both nationally and in this specific area with 8.27% and 8.62%, respectively. This indicates that in spite of its high price tag, housing in Ellicott City is desirable and likely to remain valuable for homeowners in the future.
The median home cost in Ellicott City (zip 21043) is $544,000. Home appreciation the last 10 years has been 49.5%. Home Appreciation in Ellicott City (zip 21043) is up 10.6%.
Average Age of Homes
- The median age of Ellicott City (zip 21043) real estate is 26 years old
The Rental Market in Ellicott City (zip 21043)
- Renters make up 31.0% of the Ellicott City (zip 21043) population
- 1.7% of houses and apartments in Ellicott City (zip 21043), 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.