The housing market in 21767 Maugansville, MD is slightly more affordable than the national average. The median value of a house is $236,500, compared to the US House Median Value of $338,100. In the past year, the US House Appreciation rate was 8.27%, but in Maugansville it was 7.84%. Although prices are lower than the national average, the appreciation rate in Maugansville indicates that investing in this area is still a good option for buyers looking to build equity over time.
The median home cost in Maugansville (zip 21767) is $236,500. Home appreciation the last 10 years has been 62.2%. Home Appreciation in Maugansville (zip 21767) is up 11.5%.
Average Age of Homes
- The median age of Maugansville (zip 21767) real estate is 37 years old
The Rental Market in Maugansville (zip 21767)
- Renters make up 58.5% of the Maugansville (zip 21767) population
- 12.8% of houses and apartments in Maugansville (zip 21767), 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.