Zip 20896 (Garrett Park, MD) Housing

The housing market in 20896 Garrett Park, MD is relatively strong compared to the national average. The median value of homes in 20896 Garrett Park is $1,002,200 whereas the median value for homes across the US is only $338,100. The US house appreciation rate last year was 8.27% while the appreciation rate for homes in 20896 Garrett Park was 5.58%. This suggests that there is a healthy real estate market in 20896 Garrett Park and there may be potential for further growth over the next few years.

The median home cost in Garrett Park (zip 20896) is $1,002,200. Home appreciation the last 10 years has been 46.2%. Home Appreciation in Garrett Park (zip 20896) is up 11.3%.

Average Age of Homes

- The median age of Garrett Park (zip 20896) real estate is 66 years old

The Rental Market in Garrett Park (zip 20896)

- Renters make up 5.3% of the Garrett Park (zip 20896) population
- 0.0% of houses and apartments in Garrett Park (zip 20896), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Garrett Park, Maryland	United States
	344.0	139,647,020.0
	69	42
	$1,002,200	$338,100
	11.3%	16.6%
	30.3%	57.0%
	46.2%	101.1%
	$9.49	$10.98
	$9,004	$2,690
	94.2%	57.4%
	2.3%	11.2%
	3.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.7%	0.7%
	0.6%	0.4%
	0.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.9%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.6%	11.3%
	0.0%	13.0%
	0.0%	20.1%
	0.9%	13.6%
	1.2%	8.3%
	25.3%	9.7%
	42.9%	3.9%
	18.8%	2.2%
	5.9%	0.8%
	3.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.7%	13.6%
	4.7%	13.6%
	2.3%	13.6%
	5.5%	13.2%
	1.5%	14.8%
	2.3%	13.6%
	28.5%	10.0%
	11.9%	4.7%
	33.4%	12.2%

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