The housing market in the Herald Harbor, MD 21032 area is experiencing a strong appreciation rate. The median value of homes in this area is currently $568,200, which is significantly higher than the US median house value of $338,100. Additionally, the one-year house appreciation rate in Herald Harbor has increased by 8.62%, which is higher than the national average of 8.27%. This indicates that there is strong demand for housing in this region, and suggests that this trend of increasing home values will likely continue in the near future.
The median home cost in Herald Harbor (zip 21032) is $568,200. Home appreciation the last 10 years has been 49.5%. Home Appreciation in Herald Harbor (zip 21032) is up 10.6%.
Average Age of Homes
- The median age of Herald Harbor (zip 21032) real estate is 39 years old
The Rental Market in Herald Harbor (zip 21032)
- Renters make up 8.0% of the Herald Harbor (zip 21032) population
- 0.0% of houses and apartments in Herald Harbor (zip 21032), 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.