Housing in 20659 Mechanicsville, MD is very desirable due to its location. The median value of a home in this area is $370,700, which is significantly higher than the US median value of $338,100. Despite this high median value, house appreciation has been quite positive over the last year with an appreciation rate of 7.62%, just slightly lower than the US 1 year appreciation rate of 8.27%. This area has seen steady growth for years and is expected to continue growing as demand increases. Mechanicsville offers excellent housing options that are perfect for those looking for a safe and secure place to live.
The median home cost in Mechanicsville (zip 20659) is $370,700. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Mechanicsville (zip 20659) is up 12.7%.
Average Age of Homes
- The median age of Mechanicsville (zip 20659) real estate is 30 years old
The Rental Market in Mechanicsville (zip 20659)
- Renters make up 12.0% of the Mechanicsville (zip 20659) population
- 1.1% of houses and apartments in Mechanicsville (zip 20659), 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.