The housing median value in 20670 Patuxent River, MD is $411,700. This is significantly higher than the US House Median Value of $338,100. The US 1 year house appreciation rate is 8.27%, while the 1 year house appreciation rate in 20670 Patuxent River, MD is 7.62%. This indicates that the housing market in this area has seen a slower growth than the rest of the country. Despite this, the housing median value in 20670 Patuxent River, MD remains well above the national average.
The median home cost in Patuxent River (zip 20670) is $411,700. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Patuxent River (zip 20670) is up 12.7%.
Average Age of Homes
- The median age of Patuxent River (zip 20670) real estate is 22 years old
The Rental Market in Patuxent River (zip 20670)
- Renters make up 79.9% of the Patuxent River (zip 20670) population
- 3.3% of houses and apartments in Patuxent River (zip 20670), 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.