The housing market in 20674 Piney Point, MD is very strong. The median value of homes in this area is $417,600, which is significantly higher than the US median of $338,100. Additionally, over the past year the appreciation rate for homes in 20674 Piney Point has been 7.62%, slightly lower than the national average of 8.27%. This indicates that house prices are relatively stable and there is not much fluctuation in the market. All these factors contribute to why this area remains a desirable place to live and invest in real estate.
The median home cost in Piney Point (zip 20674) is $417,600. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Piney Point (zip 20674) is up 12.7%.
Average Age of Homes
- The median age of Piney Point (zip 20674) real estate is 61 years old
The Rental Market in Piney Point (zip 20674)
- Renters make up 11.1% of the Piney Point (zip 20674) population
- 0.0% of houses and apartments in Piney Point (zip 20674), 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.