Zip 21770 (Monrovia, MD) Housing

Monrovia, MD has an impressive median housing value of $604,400 compared to the US House Median Value of $338,100. This is a clear indication that the housing market in Monrovia is above average and remains desirable to many potential buyers. In addition to boasting a high median value, the year-over-year appreciation rate for homes in Monrovia is 7.84%, slightly lower than the US 1 year House Appreciation rate of 8.27%. Taken together, these facts show that the real estate market in Monrovia is healthy and strong and continues to be an attractive option for both current homeowners and hopefuls alike.

The median home cost in Monrovia (zip 21770) is $604,400. Home appreciation the last 10 years has been 62.2%. Home Appreciation in Monrovia (zip 21770) is up 11.5%.

Average Age of Homes

- The median age of Monrovia (zip 21770) real estate is 39 years old

The Rental Market in Monrovia (zip 21770)

- Renters make up 6.8% of the Monrovia (zip 21770) population
- 0.0% of houses and apartments in Monrovia (zip 21770), 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	Monrovia, Maryland	United States
	2,278.0	139,647,020.0
	35	42
	$604,400	$338,100
	11.5%	16.6%
	42.6%	57.0%
	62.2%	101.1%
	$8.34	$10.98
	$4,156	$2,690
	95.0%	57.4%
	2.5%	11.2%
	2.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	1.8%	0.4%
	0.4%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.6%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	0.0%	13.0%
	7.9%	20.1%
	18.1%	13.6%
	23.6%	8.3%
	42.7%	9.7%
	5.8%	3.9%
	1.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	2.0%	0.2%
	5.4%	13.6%
	5.4%	13.6%
	10.5%	13.6%
	19.9%	13.2%
	30.3%	14.8%
	10.5%	13.6%
	0.7%	10.0%
	0.0%	4.7%
	3.0%	12.2%

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