The housing market in 20758 Friendship, MD is performing slightly below the national average. The median value of housing in 20758 Friendship is $551,300, which is significantly higher than the US median house value of $338,100. However, the one-year appreciation rate for this area stands at 6.91%, lower than the 8.27% national average. This suggests that housing prices may be increasing more slowly in 20758 Friendship compared to other areas of the US. Despite this, property values remain high which indicates a strong real estate market overall.
The median home cost in Friendship (zip 20758) is $551,300. Home appreciation the last 10 years has been 86.5%. Home Appreciation in Friendship (zip 20758) is up 10.7%.
Average Age of Homes
- The median age of Friendship (zip 20758) real estate is 39 years old
The Rental Market in Friendship (zip 20758)
- Renters make up 21.0% of the Friendship (zip 20758) population
- 0.0% of houses and apartments in Friendship (zip 20758), 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.