The housing market in Parsonsburg, MD is booming! The median value of homes in the area is $245,300, which is notably lower than the national median value of $338,100. However, what makes the market particularly attractive is its 1 year appreciation rate of 14.76%, which outpaces the US average of 8.27%. With such a high rate of appreciation over the last year, it's clear that Parsonsburg is an ideal place to invest in housing.
The median home cost in Parsonsburg (zip 21849) is $245,300. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Parsonsburg (zip 21849) is up 14.0%.
Average Age of Homes
- The median age of Parsonsburg (zip 21849) real estate is 35 years old
The Rental Market in Parsonsburg (zip 21849)
- Renters make up 17.1% of the Parsonsburg (zip 21849) population
- 0.0% of houses and apartments in Parsonsburg (zip 21849), 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.