Zip 20724 (Maryland City, MD) Housing

The housing in 20724 Maryland City, MD is above the national median value for houses which is $338,100. The median value of a house here is $414,000. In the last year, the appreciation in housing prices was 6.91%, lower than the national average of 8.27%. This indicates that while homes may be expensive due to its close proximity to Washington DC, there has been only moderate increases in prices recently.

The median home cost in Maryland City (zip 20724) is $414,000. Home appreciation the last 10 years has been 86.5%. Home Appreciation in Maryland City (zip 20724) is up 10.7%.

Average Age of Homes

- The median age of Maryland City (zip 20724) real estate is 23 years old

The Rental Market in Maryland City (zip 20724)

- Renters make up 39.5% of the Maryland City (zip 20724) population
- 0.0% of houses and apartments in Maryland City (zip 20724), 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	Maryland City, Maryland	United States
	7,153.0	139,647,020.0
	29	42
	$414,000	$338,100
	10.7%	16.6%
	44.2%	57.0%
	86.5%	101.1%
	$9.26	$10.98
	$3,094	$2,690
	60.1%	57.4%
	2.7%	11.2%
	37.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.5%	0.4%
	0.9%	0.7%
	0.6%	0.4%
	0.0%	3.6%
	0.6%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	2.5%	2.4%
	1.7%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	0.8%	13.0%
	27.4%	20.1%
	46.5%	13.6%
	15.3%	8.3%
	4.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	9.9%	13.6%
	9.9%	13.6%
	38.9%	13.6%
	10.9%	13.2%
	5.8%	14.8%
	38.9%	13.6%
	5.6%	10.0%
	2.1%	4.7%
	0.3%	12.2%

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