21163 Ellicott City, MD is an area known for its high housing values. The median value for housing in this area is $581,600, which is significantly higher than the national median of $338,100. Although the US house appreciation rate in the past year has been 8.27%, houses in this area have appreciated at a slightly lower rate of 7.76%. This suggests that despite the decrease in appreciation rate, Ellicott City remains an attractive market to invest in real estate due to its generally high home values.
The median home cost in Ellicott City (zip 21163) is $581,600. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Ellicott City (zip 21163) is up 10.4%.
Average Age of Homes
- The median age of Ellicott City (zip 21163) real estate is 15 years old
The Rental Market in Ellicott City (zip 21163)
- Renters make up 6.3% of the Ellicott City (zip 21163) population
- 0.8% of houses and apartments in Ellicott City (zip 21163), 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.