Zip 20640 (Indian Head, MD) Housing


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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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingIndian Head, MarylandUnited States
  4,323.0139,647,020.0
  4442
  $279,500$338,100
  12.7%16.6%
  43.1%57.0%
  55.5%101.1%
  $11.11$10.98
  $2,983$2,690
  69.7%57.4%
  6.5%11.2%
  23.8%31.4%
  Vacant Housing
  0.9%1.9%
  0.0%0.4%
  0.0%0.7%
  0.6%0.4%
  0.0%3.6%
  4.9%4.1%
  Value of Owner-Occupied Housing
  6.1%2.6%
  1.0%2.4%
  5.4%2.8%
  0.9%3.9%
  3.0%4.5%
  5.7%11.3%
  9.5%13.0%
  26.7%20.1%
  19.6%13.6%
  14.7%8.3%
  7.1%9.7%
  0.4%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  23.7%13.6%
  23.7%13.6%
  11.2%13.6%
  9.2%13.2%
  7.9%14.8%
  11.2%13.6%
  14.3%10.0%
  13.6%4.7%
  5.3%12.2%
Commute

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