Pocomoke City, MD is an area with a strong housing market. The current median value of homes in the area is $175,900, which is substantially less than the national median home value of $338,100. However, this lower price point doesn't seem to have deterred buyers as Pocomoke City has seen an impressive 14.76% appreciation rate in home values over the past year. This is considerably higher than the US average of 8.27%. With such strong housing growth and a more affordable price point when compared to other areas nationally, it's no surprise that Pocomoke City has become an attractive place for buyers looking to invest in the housing market.
The median home cost in Pocomoke City (zip 21851) is $175,900. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Pocomoke City (zip 21851) is up 14.0%.
Average Age of Homes
- The median age of Pocomoke City (zip 21851) real estate is 44 years old
The Rental Market in Pocomoke City (zip 21851)
- Renters make up 30.4% of the Pocomoke City (zip 21851) population
- 0.7% of houses and apartments in Pocomoke City (zip 21851), 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.