The real estate market in 21102 Manchester, MD is strong. According to recent statistics, the median housing value in the area is $384,100 and has seen an appreciation of 7.76% over the last year. This is a slightly lower appreciation rate than seen nationally, where the median home value is at $338,100 and has experienced an 8.27% increase in value over the similar period. Despite this slight discrepancy, it's clear that Manchester's real estate market remains strong and continues to be a great investment opportunity for those looking to buy or rent a property in the area.
The median home cost in Manchester (zip 21102) is $384,100. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Manchester (zip 21102) is up 10.4%.
Average Age of Homes
- The median age of Manchester (zip 21102) real estate is 36 years old
The Rental Market in Manchester (zip 21102)
- Renters make up 8.8% of the Manchester (zip 21102) population
- 1.2% of houses and apartments in Manchester (zip 21102), 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.