Housing in 21648 Madison, MD is quite expensive compared to the national median value, with a median value of $246,000. Over the last year, home appreciation has been on the rise in Madison at 9.21%, higher than the national average of 8.27%. This is good news for homeowners and those looking to invest in real estate in Madison as it suggests that house values are likely to continue to increase over time.
The median home cost in Madison (zip 21648) is $246,000. Home appreciation the last 10 years has been 56.7%. Home Appreciation in Madison (zip 21648) is up 14.5%.
Average Age of Homes
- The median age of Madison (zip 21648) real estate is 30 years old
The Rental Market in Madison (zip 21648)
- Renters make up 0.0% of the Madison (zip 21648) population
- 0.0% of houses and apartments in Madison (zip 21648), 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.