Housing in 20664 Newburg, MD is considered to be relatively more expensive than the national median value of $338,100. The median value of houses in 20664 Newburg, MD stands at $372,200. Despite its higher cost, the appreciation rate for homes in this area is 7.62%, which is slightly lower than the national rate of 8.27%. This indicates that homes in 20664 Newburg, MD are not appreciating as quickly as their counterparts across the US and may indicate a cooling housing market in this area.
The median home cost in Newburg (zip 20664) is $372,200. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Newburg (zip 20664) is up 12.7%.
Average Age of Homes
- The median age of Newburg (zip 20664) real estate is 43 years old
The Rental Market in Newburg (zip 20664)
- Renters make up 15.9% of the Newburg (zip 20664) population
- 0.0% of houses and apartments in Newburg (zip 20664), 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.