Housing in 20650 Leonardtown, Maryland is incredibly expensive. The median value of houses stands at $463,400, well above the US average of $338,100. Despite this large difference in median value, house appreciation has grown relatively similarly to the national average over the past year. Home values have appreciated by 8.27% across the US and by 7.62% in Leonardtown specifically.
The median home cost in Leonardtown (zip 20650) is $463,400. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Leonardtown (zip 20650) is up 12.7%.
Average Age of Homes
- The median age of Leonardtown (zip 20650) real estate is 28 years old
The Rental Market in Leonardtown (zip 20650)
- Renters make up 20.7% of the Leonardtown (zip 20650) population
- 1.9% of houses and apartments in Leonardtown (zip 20650), 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.