The housing median value in 21539 Lonaconing, MD is $93,500 which is significantly lower than the US housing median value of $338,100. Despite the lower median value, residents of 21539 Lonaconing have seen a much higher appreciation in their homes over the past year with an increase of 17.95% compared to the US's 8.27%. This indicates that the housing market in this area has been performing well despite its lower median value and could make it an attractive option for potential buyers looking for a good investment.
The median home cost in Lonaconing (zip 21539) is $93,500. Home appreciation the last 10 years has been 29.3%. Home Appreciation in Lonaconing (zip 21539) is up 11.6%.
Average Age of Homes
- The median age of Lonaconing (zip 21539) real estate is 78 years old
The Rental Market in Lonaconing (zip 21539)
- Renters make up 32.5% of the Lonaconing (zip 21539) population
- 0.7% of houses and apartments in Lonaconing (zip 21539), 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.