The housing market in 20637 Hughesville, MD is performing slightly below the national average. According to the data, the median value of a property in this area is $534,900, which is significantly higher than the US House Median Value of $338,100. The 1 year appreciation rate for homes in this area is 7.62%, which is slightly lower than the National 1 year appreciation rate of 8.27%. Thus, while home values are still increasing across this region, they are doing so at a slower rate than other parts of the country. For those looking to invest in real estate or buy a home in Hughesville 20637, now could be an opportune time.
The median home cost in Hughesville (zip 20637) is $534,900. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Hughesville (zip 20637) is up 12.7%.
Average Age of Homes
- The median age of Hughesville (zip 20637) real estate is 22 years old
The Rental Market in Hughesville (zip 20637)
- Renters make up 14.2% of the Hughesville (zip 20637) population
- 0.0% of houses and apartments in Hughesville (zip 20637), 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.