The housing market in 20841 Germantown, MD is a vibrant and desirable area. The median home value in this area is $749,600, which is much higher than the US house median value of $338,100. Furthermore, the house appreciation rate in this area over the last year has been 5.58%, lower than the national average of 8.27%. This indicates that real estate values are increasing at a slower rate than other parts of the country. Nevertheless, properties in 20841 Germantown remain highly sought-after and continue to be an excellent investment opportunity.
The median home cost in Germantown (zip 20841) is $749,600. Home appreciation the last 10 years has been 46.2%. Home Appreciation in Germantown (zip 20841) is up 11.3%.
Average Age of Homes
- The median age of Germantown (zip 20841) real estate is 14 years old
The Rental Market in Germantown (zip 20841)
- Renters make up 5.8% of the Germantown (zip 20841) population
- 0.0% of houses and apartments in Germantown (zip 20841), 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.