The housing market in 21056 Gibson Island, MD is an expensive one. The median value for a house in this area is $2,613,800, which is significantly higher than the US House Median Value of $338,100. In addition to this high median value, the rate of appreciation for houses in this region has been slightly above the national rate of 8.27%. Over the past year, houses in 21056 Gibson Island have appreciated by 8.62%, making it a lucrative option for potential buyers and investors alike.
The median home cost in Gibson Island (zip 21056) is $2,613,800. Home appreciation the last 10 years has been 49.5%. Home Appreciation in Gibson Island (zip 21056) is up 10.6%.
Average Age of Homes
- The median age of Gibson Island (zip 21056) real estate is 39 years old
The Rental Market in Gibson Island (zip 21056)
- Renters make up 0.0% of the Gibson Island (zip 21056) population
- 0.0% of houses and apartments in Gibson Island (zip 21056), 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.