The housing market in 20677 Port Tobacco, MD is growing steadily. The current median value of a home in the area is $521,400, slightly higher than the US average of $338,100. Over the last year, house appreciation has been strong with values increasing by 7.62%, just under the US average of 8.27%. This indicates that the housing market in 20677 Port Tobacco, MD has been performing well and is likely to remain consistent in the near future.
The median home cost in Port Tobacco (zip 20677) is $521,400. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Port Tobacco (zip 20677) is up 12.7%.
Average Age of Homes
- The median age of Port Tobacco (zip 20677) real estate is 29 years old
The Rental Market in Port Tobacco (zip 20677)
- Renters make up 2.8% of the Port Tobacco (zip 20677) population
- 0.0% of houses and apartments in Port Tobacco (zip 20677), 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.