In 20876 Germantown, MD, the median value of a house is $432,400. This is higher than the US housing median of $338,100 but lower than other areas in the same area. The one-year appreciation rate for houses in this region is 5.58%, which is significantly lower than the US one-year house appreciation rate of 8.27%. Despite this slower appreciation rate, Germantown still remains a desirable place to live due to its high housing median value and close proximity to Washington DC.
The median home cost in Germantown (zip 20876) is $432,400. Home appreciation the last 10 years has been 46.2%. Home Appreciation in Germantown (zip 20876) is up 11.3%.
Average Age of Homes
- The median age of Germantown (zip 20876) real estate is 26 years old
The Rental Market in Germantown (zip 20876)
- Renters make up 30.2% of the Germantown (zip 20876) population
- 1.4% of houses and apartments in Germantown (zip 20876), 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.