The housing market in 21061 Glen Burnie, MD is faring slightly better than the national average. The median value for houses in this area is $335,500, slightly lower than the US average of $338,100. However, the 1 year house appreciation rate for 21061 Glen Burnie is 8.62%, higher than the national average of 8.27%. This indicates that homes in this area are increasing in value faster than those across the United States as a whole.
The median home cost in Glen Burnie (zip 21061) is $335,500. Home appreciation the last 10 years has been 49.5%. Home Appreciation in Glen Burnie (zip 21061) is up 10.6%.
Average Age of Homes
- The median age of Glen Burnie (zip 21061) real estate is 44 years old
The Rental Market in Glen Burnie (zip 21061)
- Renters make up 45.4% of the Glen Burnie (zip 21061) population
- 2.1% of houses and apartments in Glen Burnie (zip 21061), 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.