Zip 20794 (Jessup, MD) Housing

The housing market in 20794 Jessup, MD is quite stable and attractive. The median value of a house in this area is $431,600, which is higher than the US median of $338,100. Furthermore, the one year appreciation rate for houses in Jessup is 6.91%, which is lower than the national average of 8.27%. As such, those who are looking to invest in property here can expect to see steady growth in their investment over time without too much risk. Overall, the housing market in 20794 Jessup, MD looks promising for potential buyers and investors alike.

The median home cost in Jessup (zip 20794) is $431,600. Home appreciation the last 10 years has been 86.5%. Home Appreciation in Jessup (zip 20794) is up 10.7%.

Average Age of Homes

- The median age of Jessup (zip 20794) real estate is 28 years old

The Rental Market in Jessup (zip 20794)

- Renters make up 24.8% of the Jessup (zip 20794) population
- 1.3% of houses and apartments in Jessup (zip 20794), 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

Housing	Jessup, Maryland	United States
	4,241.0	139,647,020.0
	28	42
	$431,600	$338,100
	10.7%	16.6%
	44.2%	57.0%
	86.5%	101.1%
	$13.02	$10.98
	$4,412	$2,690
	62.4%	57.4%
	6.6%	11.2%
	31.0%	31.4%
Vacant Housing
	1.3%	1.9%
	1.3%	0.4%
	0.1%	0.7%
	2.2%	0.4%
	0.0%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	4.8%	2.4%
	4.3%	2.8%
	2.3%	3.9%
	2.3%	4.5%
	2.1%	11.3%
	0.3%	13.0%
	19.5%	20.1%
	37.1%	13.6%
	14.6%	8.3%
	10.9%	9.7%
	1.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.6%	13.6%
	7.6%	13.6%
	19.4%	13.6%
	22.0%	13.2%
	2.8%	14.8%
	19.4%	13.6%
	5.3%	10.0%
	5.8%	4.7%
	3.6%	12.2%

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