The housing market in Indian Head, MD (20640) has been steadily appreciating in the past year. According to recent statistics, the median house value in Indian Head is $279,500 and the US median house value is $338,100. This means that while the appreciation rate of houses across the country is 8.27%, it is slightly lower at 7.62% for homes in Indian Head. This slight dip in appreciation rate indicates a healthy market with minimal risk of overvaluing houses and an overall steady increase in value.
The median home cost in Indian Head (zip 20640) is $279,500. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Indian Head (zip 20640) is up 12.7%.
Average Age of Homes
- The median age of Indian Head (zip 20640) real estate is 36 years old
The Rental Market in Indian Head (zip 20640)
- Renters make up 21.2% of the Indian Head (zip 20640) population
- 0.9% of houses and apartments in Indian Head (zip 20640), 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.